Key TakeawaysGE HealthCare shares dropped in early trading Tuesday after the company reported first-quarter results that missed estimates.The medical device manufacturer reported revenue and net income below expectations, as sales in its Imaging, Ultrasound, and Patient Care Solutions segments fell from a year ago. Despite Tuesday's losses, GE HealthCare shares have gained since the start of the year. GE HealthCare (GEHC) shares tumbled over 9% in early trading Tuesday after the medical device manufacturer ...

GE HealthCare Technologies (GEHC) came out with quarterly earnings of $0.90 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this medical technology company would post earnings of $1.07 per share when it actually produced earnings of $1.18, delivering a surprise of 10.28%.Over the last four quarters, the company has surpassed consensus EPS estimates three times ...

 Analyst Estimates for Q1 2024Q4 2023Q1 2023Revenue$4.81 billion$5.21 billion$4.71 billionDiluted EPS$0.88$0.88$0.41Net Income$391.52 million$403 million$372 million Key Metric: Research and Development Spending The company said in its fourth-quarter earnings report that it spent about $1.21 billion on research and development over fiscal 2023, an important part of which was investments in artificial intelligence (AI). In its Q4 presentation, GE HealthCare said its investments in technology including AI ...

GE HealthCare Technologies Inc. (GEHC) is scheduled to report first-quarter 2024 results on Apr 30, before market open.In the last reported quarter, the company’s adjusted earnings per share of $1.18 surpassed the Zacks Consensus Estimate by 10.3%.Let’s take a look at how things have shaped up prior to the announcement.Factors at PlayGE HealthCare is expected to report strong organic revenue growth, banking on balanced segmental performance driven by consistent new product introductions (NPIs) and growing c ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about GE HealthCare Technologies (GEHC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.GE HealthCare currently ...

The latest trading session saw GE HealthCare Technologies (GEHC) ending at $86.21, denoting a +1.96% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 1.2%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%.The medical technology company's shares have seen a decrease of 4.5% over the last month, surpassing the Medical sector's loss of 5.82% and falling behind the S&P 500's loss of 4.16%.Investors will be eagerly watching for the performance o ...

GE HealthCare Technologies Inc. (GEHC) recently announced the expansion of its relationship with Elekta. The new collaboration follows the closing of GEHC’s acquisition of MIM Software Inc., which added the MIM SurePlan and MIM Symphony families, MIM Maestro and MIM Encore, among others, to its product portfolio.The collaboration is aimed at accelerating innovation in software solutions that will likely improve workflows, increase throughput and enhance user experience for clinicians. It is also expected to ...

The latest trading session saw GE HealthCare Technologies (GEHC) ending at $84.55, denoting a +0.07% adjustment from its last day's close. This change lagged the S&P 500's 0.87% gain on the day. On the other hand, the Dow registered a gain of 0.67%, and the technology-centric Nasdaq increased by 1.11%.Heading into today, shares of the medical technology company had lost 5.84% over the past month, outpacing the Medical sector's loss of 6.67% and lagging the S&P 500's loss of 3.97% in that time.The upcoming e ...

GE HealthCare Technologies Inc. (GEHC) recently announced the launch of the Voluson Signature 20 and 18 ultrasound systems, which fully integrate artificial intelligence (AI), cutting-edge tools, and an ergonomic design to speed up exam times for clinicians while providing a clearer picture of various conditions impacting women's health.The latest technologies can help professionals feel more confident in their diagnosis and treatment decisions, benefiting from the combination of high-performance hardware a ...

GE HealthCare Technologies (GEHC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this medical technology company have returned -6.3% over the past month versus the Zacks S&P 500 composite's -1.7% change. The Zacks Medical Info Systems industry, to which GE HealthCare belongs, has lost 9.7% over this period. Now the key question is: Where could the stock ...