Global corporate earnings: GE Aerospace beats targets while GE Vernova misses consensus

Several major corporations have reported recent financial results and market performance updates.

GE Aerospace reported a strong quarter with earnings per share (EPS) of $2.02, exceeding the $1.86 consensus, and revenue growth of 21.1% to $12.63 billion. Conversely, GE Vernova missed its Q2 2026 EPS consensus of $3.17, reporting $2.47 despite a revenue increase to $11.10 billion.

In the materials sector, Ball Corporation maintains a 'Moderate Buy' rating with an average analyst price target of $71.69, representing a potential 12% upside from its recent close of $63.60.

In Europe, Swedish climate technology specialist Beijer Ref reported a 15% revenue increase in Q2 2026, reaching approximately 8.5 billion SEK. Meanwhile, Balfour Beatty's stock remains above its long-term trend line following an upward revision of its earnings forecast, despite a minor daily price correction.