What Happened
Investors Weigh Lower Free Cash Flow And Engine Certification Uncertainty
GE Aerospace reported strong third-quarter results, with revenue rising 16% year over year to $14.118 billion and adjusted earnings climbing 36% to $2.25 per share. However, the company’s stock price fell due to concerns about lower free cash flow and uncertainty surrounding GE9X engine certification. The company raised its 2026 earnings outlook and reported a commercial services backlog exceeding $170 billion. This news was first reported by Benzinga.