General Electric entered Q3 2026 earnings with a rich P/E of 33.8x and a share price that had already cooled over the past three months. The fresh release then hit and the stock slipped another 3.7% to US$299.87, even as the aerospace franchise delivered an 18% revenue increase and a 30% jump in operating profit in the quarter. That disconnect between a red screen and strong aviation fundamentals is the tension investors now have to price into General Electric’s story.

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Q3 2026 Earnings Summary

• Revenue (Q3 2026…