GEHC Q4 Profit Tops Estimates, Revenue Misses

GE HealthCare Reports Q4 Profit Exceeding Estimates; Revenue Misses

CHICAGO (AP) - GE HealthCare Technologies Inc. (GEHC) announced fourth-quarter earnings of $720 million, translating to $1.57 per share. Adjusted earnings reached $1.45 per share, surpassing Wall Street expectations. The consensus forecast among seven analysts surveyed by Zacks Investment Research was $1.26 per share.

Despite exceeding earnings estimates, GE HealthCare fell short of revenue forecasts. The company reported revenue of $5.32 billion, missing analysts' expectations of $5.33 billion based on a survey of six analysts by Zacks.

For the full year, GE HealthCare generated a profit of $1.99 billion ($4.34 per share) on revenue of $19.67 billion. The company anticipates full-year earnings in the range of $4.61 to $4.75 per share.

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GEHC Q4 Profit Tops Estimates, Revenue Misses

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