GE Aerospace Forecasts High End of 2026 Profit Range
GE Aerospace expects 2026 profit at the high end of its range after a strong start. It warned that high oil prices may curb airline maintenance spending.
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GE Aerospace announced on Tuesday that it is positioned to reach the upper end of its 2026 profit forecast, despite facing operational bottlenecks and a volatile global economic environment. The jet-engine manufacturer had previously projected annual earnings between $7.10 and $7.40 per share. The updated outlook factors in expectations for Brent Crude Oil prices to remain elevated through the third quarter before potentially easing toward the end of the year.
