| GE |
Report |
Adjusted EPS |
BEAT |
pred ~$1.93 vs. cons $1.86 |
HIGH |
| GE |
Report |
Total revenue |
BEAT |
pred ~$12.0B vs. cons $11.8B |
MEDIUM |
| GE |
Report |
Total operating profit margin |
IN-LINE |
pred ~22.2% vs. cons ~22% |
MEDIUM |
| GE |
Guide |
FY2026 adjusted EPS guide |
UNCHANGED |
guide ~$7.10–7.40 vs. cons ~$7.40 (FY2026) |
MEDIUM |
| GE |
Guide |
FY2026 operating profit guide |
UNCHANGED |
guide ~$9.85–10.25B vs. cons ~$10.2B (FY2026) |
MEDIUM |
| GE |
Guide |
FY2026 free cash flow guide |
UNCHANGED |
guide ~$8.0–8.4B vs. cons ~$8.35B (FY2026) |
MEDIUM |
| GE |
Guide |
2H26 CES services growth / departures macro assumption |
LOWER |
guide ~flat-to-low-single-digit departures vs. cons ~low-single-digit growth (2H26) |
LOW |
| GE |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.5% |
— |
MEDIUM |
| GE |
Return |
5-day cumulative residual |
-4.0% (FOLLOW-THROUGH) |
Q2 is pre-sold/de-risked so a headline beat (~$1.93 vs $1.86) is largely discounted at ~48x 2027 EPS after the ~$275→$378 run. Holding FY guide while beating Q2 by another ~$300M implies an unspoken 2H cut, and management declines to raise (or trims the high-end lean) because the worsening U.S.–Iran/oil shock — Brent ~$85, Goldman flagging >$110 in Q4 — directly contradicts the embedded 'oil declines by year-end, no recession, LSD departures' assumptions. Out-period math + macro caution pull estimates and departures/retirement risk lower even after the beat, so an initial 'sell-the-news' dip follows through as sell-side trims 2H/2027 numbers; only strong Farnborough/defense book-to-bill orders cushion it. |
MEDIUM |