Aircraft engine maker GE Aerospace (NYSE: GE) on Tuesday reported stronger-than-expected adjusted earnings for the first quarter of fiscal 2026. Total revenues increased 25% during the quarter.
Adjusted earnings, excluding special items, climbed 25% year-over-year to $1.86 per share in the first quarter, exceeding expectations. Continuing earnings per share were $1.83, unchanged from last year. Q1 revenues jumped 25% from last year to $12.4 billion. At $23 billion, total orders were up 87% during the three months.
For fiscal 2026, management expects adjusted earnings to be in the range of $7.10 per share to $7.40 per share. The guidance for full-year operating profit is between $9.85 billion and $10.25 billion.
GE’s CEO Lawrence Culp said, “With the dynamic geopolitical landscape, we’re holding our full-year guidance across the board and are trending toward the high-end of the range given our strong start to the year.”
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