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 -3% over the past month versus the Zacks S&P 500 composite's +7.1% change. The Zacks Medical Info Systems industry, to which GE HealthCare belongs, has lost 4.6% over this period. Now the key question is: Where could the stock b ...

GE HealthCare Technologies Inc. (GEHC) and Medis Medical Imaging recently announced their collaboration, which is intended for the the process of advancing precision care for coronary artery disease (CAD) diagnosis and therapy.The two businesses are set to advance the research and development of Medis Quantitative Flow Ratio (Medis QFR), a non-invasive method for evaluating coronary physiology, as part of GE HealthCare's interventional cardiology portfolio centered on the Allia Platform. The partnership aim ...

GE HealthCare Technologies (GEHC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this medical technology company have returned -6.2% over the past month versus the Zacks S&P 500 composite's +0.2% change. The Zacks Medical Info Systems industry, to which GE HealthCare belongs, has lost 10.2% over this period. Now the key question is: Where could the stock be headed in ...

GE Healthcare (GEHC) recently announced the introduction of its head-only MR scanner, SIGNA MAGNUS, which is designed to revolutionize neuroscience research. The system addresses the limitations of whole-body MR scanners, promising to propel advancements in neurology, oncology and psychiatry.This high-performance head-only MR scanner is designed to overcome the limitations of conventional whole-body MR systems, particularly in the realm of neuroscience. With its innovative design and advanced technology, SI ...

Key TakeawaysThe S&P 500 dropped 1.6% on Tuesday, April 30, 2024, cementing its first monthly loss of the year as data on wage growth reignited inflation concerns.GE HealthCare Technologies fell short of quarterly sales and profit estimates, and sales of the medical device maker tumbled.Leidos shares took off after the aviation and defense technology firm topped first-quarter estimates and boosted its guidance. Major U.S. equities indexes tumbled after a report from the Bureau of Labor Statistics showed a h ...

On balance, this stock seems no great bargain.GE HealthCare Technologies (GEHC -13.37%), one-third of the industrial behemoth that used to be General Electric, saw its shares crater 13.7% through 1:30 p.m. ET after reporting a narrow earnings miss Tuesday.Heading into earnings, analysts forecast GE HealthCare would earn $0.91 per share (adjusted for one-time items) on $4.8 billion in the first quarter of 2024 sales. Instead, the company reported a $0.90 per-share profit and sales of $4.6 billion. GE HealthC ...

GE HealthCare (GEHC) reported first-quarter 2024 adjusted earnings per share (EPS) of 90 cents, which aligned with the Zacks Consensus Estimate. However, the bottom line improved 5.9% year over year.GAAP EPS in the quarter was 81 cents, up 97.6% from the year-ago quarter’s level.Revenue DetailsThis Zacks Rank #3 (Hold) company reported revenues of $4.7 billion, down 1.3%, on a reported basis from the prior-year quarter’s recorded number and flat, organically. The decrease in sale volumes was partially offse ...

GE HealthCare Technologies Inc. (NASDAQ:GEHC) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Carolynne Borders - Chief Investor Relations Officer Peter Arduini - President and Chief Executive Officer Jay Saccaro - Vice President and Chief Financial Officer Conference Call Participants Suraj Kalia - Oppenheimer Edward Ridley-Day - Redburn Atlantic Sezgi Ozener - HSBC Craig Bijou - Bank of America Larry Biegelsen - Wells Fargo Ryan Zimmerman - BTIG Graham Doyle - UBS Matt Tayl ...

For the quarter ended March 2024, GE HealthCare Technologies (GEHC) reported revenue of $4.65 billion, down 1.2% over the same period last year. EPS came in at $0.90, compared to $0.85 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.81 billion, representing a surprise of -3.33%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.90.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

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 ...