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Tuesday, October 20, 2026Updated 19:36 UTC

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US Stocks: GE Aerospace raises 2026 profit forecast as services strength drives growth

Source: Economic Times · Oct 20, 2026 11:19 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

GE Aerospace has increased its 2026 adjusted earnings forecast due to continued demand for engine maintenance. The demand for spare parts remains high, which supports their financial outlook. Airlines are facing rising fuel costs due to disruptions in oil supply and are adjusting their capacity accordingly. Despite potential pressures on flight schedules, GE Aerospace's revenue from services is ex

Read the full story at Economic Times

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