GE Aerospace, Equifax, GM and 3M beat Q3 adjusted EPS estimates

what happened

According to Reuters, GE Aerospace, Equifax, General Motors and 3M published third-quarter results with adjusted earnings per share above the average IBES analyst estimate.

GE Aerospace reported adjusted EPS of $2.25 against an expected $2.01. Adjusted revenue came in at $13.3 billion versus a forecast of $12.874 billion, reported revenue was $14.1 billion, and continuing EPS was $2.32. Equifax posted adjusted EPS of $2.26 against an estimate of $2.2, with revenue of $1.6925 billion versus $1.689 billion expected. The company cut the midpoint of its 2026 revenue guidance to $6.66 billion.

General Motors reported EPS of $3.7 against $3.63 expected, with revenue of $50.015 billion versus $48.697 billion. Adjusted EBIT was $4.106 billion against a forecast of $4.245 billion, and net income was $3.335 billion. For the full year, GM expects net income of $8.9–9.5 billion and adjusted EPS of $12.75–13.75, compared with the $13.4 expected.

3M reported adjusted EPS of $2.5 against $2.38 estimated, while reported EPS was $2.63. Sales reached $6.6 billion, with adjusted sales slightly below the $6.61 billion forecast. The company expects full-year adjusted EPS of $9.1–9.15.

why it matters

The reports show profits for most of these companies running ahead of expectations, while revenue was not always strong. Equifax's lower revenue outlook stands out against that backdrop and matters to investors looking beyond the current quarter.

market impact

Industrial and consumer stocks: earnings above forecasts support share prices of the reporting companies

tags

instruments