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GE Aerospace cut technical-record processing time 25% with AI as broader maintenance improvements reduce engine turnaround times.
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GE Aerospace delivered robust third-quarter 2026 results with adjusted EPS of $2.25, up 36% year-over-year and beating estimates by 11.4%. Total orders surged 49% to $18.99 billion, driven by strong commercial engine demand, including over 1,800 engine commitments at Farnborough. The company raised its 2026 adjusted EPS guidance to $8.00-$8.10 and free cash flow projection to $9.1-$9.4 billion.
Stock futures opened lower on October 20, 2026, driven by rising oil prices amid geopolitical tensions in the Strait of Hormuz. September housing data disappointed with starts and permits both declining, reflecting weakness in the real estate market due to elevated mortgage rates. GE and GM beat Q3 earnings expectations, though GM's downward guidance pressured shares. Netflix, United Airlines, and Intuitive Surgical are set to report earnings after market close.
Stock futures opened lower as investors await economic data and earnings reports. The housing market continues to struggle with September Housing Starts and Building Permits missing expectations, driven by elevated mortgage rates. GE and GM both beat Q3 earnings estimates, though GM's downward guidance weighed on shares. Netflix, United Airlines, and Intuitive Surgical are set to report earnings today.