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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

GE HealthCare Earnings: What To Look For From GEHC

GEHC Cover Image

Healthcare technology company GE HealthCare Technologies (NASDAQ: GEHC) will be reporting earnings tomorrow morning. Here’s what investors should know.

GE HealthCare met analysts’ revenue expectations last quarter, reporting revenues of $4.86 billion, flat year on year. It was a mixed quarter for the company, with a narrow beat of analysts’ full-year EPS guidance estimates but organic revenue in line with analysts’ estimates.

Is GE HealthCare a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting GE HealthCare’s revenue to grow 2.2% year on year to $5.32 billion, slowing from the 5.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.26 per share.

GE HealthCare Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. GE HealthCare has missed Wall Street’s revenue estimates six times over the last two years.

Looking at GE HealthCare’s peers in the healthcare equipment and supplies segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Hologic posted flat year-on-year revenue, meeting analysts’ expectations, and Intuitive Surgical reported revenues up 25.2%, topping estimates by 6.5%. Hologic traded down 10.1% following the results while Intuitive Surgical was also down 4%.

Read our full analysis of Hologic’s results here and Intuitive Surgical’s results here.

Investors in the healthcare equipment and supplies segment have had steady hands going into earnings, with share prices flat over the last month. GE HealthCare is up 3.4% during the same time and is heading into earnings with an average analyst price target of $96.51 (compared to the current share price of $87.03).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

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