GE HealthCare Earnings: Key Metrics to Watch
Earnings Release: Tomorrow morning
Analyst Expectations:
* Revenue: $5.32 billion (+2.2% YoY)
* Adjusted EPS: $1.26
Q3 Results Summary:
* Revenue in line with expectations: $4.86 billion
* Mixed quarter: EPS guidance exceeded, organic revenue met estimates
Industry Peers' Q4 Results:
* Hologic: Revenue flat YoY
* Intuitive Surgical: Revenue up 25.2%, beating estimates
GE HealthCare Outlook:
* Analysts maintain revenue and EPS estimates
* Company has missed revenue expectations six times in the past two years
Investor Sentiment:
* Healthcare equipment and supplies industry prices remained stable in the past month
* GE HealthCare's stock price up 3.4%
* Average analyst price target: $96.51 (current share price: $87.03)
Additional Insight:
* Enterprise software stocks leveraging generative AI capabilities may emerge as future growth leaders.