GE
Published on 04/21/2026 at 06:59 am EDT
By Nicholas G. Miller
GE Aerospace posted higher first-quarter revenue on surging orders amid strong air travel and military demand.
The company reported net income from continuing operations of $1.93 billion, or $1.83 a share, compared with $1.97 billion, or $1.83 a share, the year prior.
Adjusted earnings were $1.86 a share. Analysts polled by FactSet had expected $1.60 a share.
Revenue rose 25% to $12.39 billion. Orders increased 87% to $23 billion. Commercial engines and services adjusted revenue was up 34%.
The company maintained its prior guidance, but said that it was trending toward the high end of its range. It expects fiscal-year adjusted earnings of $7.10 to $7.40 a share. Analysts see $7.49 a share.
Write to Nicholas G. Miller at [email protected].
(END) Dow Jones Newswires
04-21-26 0658ET