What Happened
Strong Demand For Engine Repairs And Spare Parts Drives Growth
GE Aerospace has raised its 2026 profit forecast for the second time this year, driven by strong demand for aircraft engine repairs and spare parts. The company now expects adjusted earnings of $8 to $8.10 per share, up from its previous forecast. Despite this, GE shares fell more than 4% in premarket trading due to rising oil prices and concerns over cost inflation and weaker cash flow. According to Noticias de TradingView, the company’s third-quarter earnings beat expectations, with revenue increasing 16% to $14.12 billion.