GE Aerospace reported third-quarter 2026 adjusted EPS of $2.25 versus $1.99 expected and revenue of $14.12 billion versus $12.84 billion, and raised its 2026 adjusted EPS guidance to $8 to $8.10. Even so, the stock fell 4% to $299.59 in the morning session as costs climbed: sales discounts and allowances rose sharply on new engine installations, spare parts and durability reserves, free cash flow fell 9.2% to $2.04 billion, and operating income barely moved at $2.81 billion. Recognition of deferred revenue on the GE9X engine awaits midseal certification. Management pointed to orders up 49% to $19 billion and an over $170 billion commercial services backlog. RTX rose 0.52% to $193.15 and Boeing fell 0.49% to $190.57, and the article argues the selloff is specific to GE Aerospace given the nearly flat broader market.
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