GE Aerospace raises annual outlook as orders jump 49% despite supply delays
GE Aerospace lifted its full-year profit and revenue guidance as third-quarter orders rose 49%, while supply shortages continue to slow output and deliveries.
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what happened
According to Update, GE Aerospace raised its forecast for the year after third-quarter orders climbed 49%, driven mainly by its commercial engines and services unit. The jet engine maker still faces supply-chain bottlenecks that slow production and shipments.
Chief Financial Officer Rahul Ghai is unsure when the growing backlog will appear in the company's profit and loss statement, since orders usually turn into revenue within six to nine months, but that timeline is stretching. Shares fell 4.1% to $298.43 shortly after the opening bell.
why it matters
Strong demand and revenue growth of 16% to $14.12 billion, above the $12.88 billion Wall Street forecast, point to a healthy order book. However, slower conversion of backlog into sales and rising input costs could keep investors cautious about margins in the coming quarters.
market impact
Industrials and aerospace suppliers: strong orders support sentiment, while supply delays push back the timing of revenue.
tags
instruments
sources
- GE Aerospace Continues to See High Demand Despite Supply-Chain Delays — Update, 20 October 2026 at 14:03 UTC
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