UPDATED TUE 20 OCT · 11:33 UTCLIVE
MarketsHigh

Q3 Earnings Season: Broad Beat Wave

A wave of Q3 2026 earnings beats hit the tape simultaneously, led by RTX, GE Aerospace, GM (with a new $20B buyback), and Hasbro. Most companies raised full-year guidance, though 3M shares turned negative despite a headline beat.

What we know

RTX delivered a blowout quarter with EPS of $2.26 vs $1.78 estimated and raised FY guidance to $97–97.5B — see several accounts on X. GE Aerospace reported EPS +36% YoY with orders up 49% and raised FY guidance to $8.00–8.10 — an account on X. GM beat on revenue ($50.02B vs $48.7B), approved a new $20B share buyback, and maintained FY guidance. Hasbro was perhaps the biggest surprise, with EBITDA of $604.5M vs $442M estimated and guidance sharply raised — another account on X. Vicor (VICR) posted revenue +78.5% YoY. Meanwhile 3M beat on EPS but shares erased gains and turned negative. Earnings are also due from SpaceX ($12.84B est) and Tesla ($28.04B est) per @CoinbaseMarkets.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.