GE Aerospace

Shortcut’s reasoning.

The model forecasts Commercial Engines & Services revenue of $9.94bn at a 27.4% adjusted operating margin and Defense & Propulsion Technologies revenue of $3.52bn at 13.6%. After $360m of corporate costs, adjusted operating profit is $2.84bn.

Adjusted interest expense of $234m and a 16.8% tax rate produce adjusted diluted net income of $2.17bn. Forecast diluted shares are 1.041bn, including $2.0bn of repurchases at $330 and 6.5m dilutive shares.

Normalized diluted EPS is $2.0814618688079523 versus the frozen $2.01 Street estimate. The forecast preserves the existing segment, tax and share-count judgments.

Ancillary GAAP EPS includes a source-limited $200m BETA valuation gain and separate insurance assumptions. These do not enter the scored adjusted EPS calculation. Cost-of-services residuals, historical rounding and source-provenance limitations remain disclosed.