GE Healthcare Technologies Inc reports results for the quarter ended in March - Earnings Summary

• GE Healthcare Technologies Inc GEHC reported quarterly adjusted earnings of 90 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of twelve analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 87 cents to 96 cents per share.

• Revenue fell 1.2% to $4.65 billion from a year ago; analysts expected $4.80 billion.

• GE Healthcare Technologies Inc's reported EPS for the quarter was 81 cents​.

• The company reported quarterly net income of $374 million.

• GE Healthcare Technologies Inc shares had fallen by 2.2% this quarter and gained 15.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for GE Healthcare Technologies Inc is $94.00

This summary was machine generated from LSEG data April 30 at 02:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)