GE HealthCare: Q2 Earnings Snapshot
By AP News
Published - Jul 31, 2024, 06:26 AM ET
Last Updated - Jul 31, 2024, 06:26 AM EDT
CHICAGO (AP) — CHICAGO (AP) — GE HealthCare Technologies Inc. (GEHC) on Wednesday reported second-quarter profit of $428 million.
The Chicago-based company said it had net income of 93 cents per share. Earnings, adjusted for one-time gains and costs, came to $1 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.
The medical technology company posted revenue of $4.84 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $4.89 billion.
