WS #16152
GE Aerospace reported a strong Q3 beat, raising full-year EPS guidance to $8.00-$8.10, driven by services strength. General Motors also beat estimates with $3.70 EPS and raised adjusted EPS guidance, though it narrowed the range. Hasbro delivered a massive EPS beat of $2.90 versus $1.85 estimates and doubled its share buyback target. These results suggest underlying demand strength in industrial and consumer sectors despite macro headwinds.
Industrial Earnings Strength
GE Aerospace reported a strong Q3 beat, raising full-year EPS guidance to $8.00-$8.10, driven by services strength. General Motors also beat estimates with $3.70 EPS and raised adjusted EPS guidance, though it narrowed the range. Hasbro delivered a massive EPS beat of $2.90 versus $1.85 estimates and doubled its share buyback target. These results suggest underlying demand strength in industrial and consumer sectors despite macro headwinds.