GE HealthCare Posts Q4 Profit Above Expectations

GE HealthCare (GEHC) reported better-than-expected fourth-quarter profit on Thursday, while sales were in line with analysts' estimates. The medical device maker reported adjusted earnings per share (EPS) of $1.45 on revenue of $5.32 billion. Analysts polled by Visible Alpha expected $1.26 and $5.32 billion, respectively. GE HealthCare shares, which entered the day up about 3% over the last 12 months, were little changed immediately following the report. The company said it expects year-over-year organic r ...