GE HealthCare rises after lifting annual profit forecast
GEHC•GE HealthCare raised its annual adjusted profit forecast to $4.95-$5.05 per share from $4.80-$5.00. Third-quarter adjusted profit was $1.34 per share and revenue was $5.51 billion, both above analysts’ estimates.
1. Forecast raised
GE HealthCare shares rose 5.4% premarket after the company raised its annual adjusted profit forecast to $4.95-$5.05 per share from $4.80-$5.00. Third-quarter adjusted profit was $1.34 per share, compared with analysts’ average estimate of $1.20, while revenue rose 7.2% to $5.51 billion, above the $5.35 billion estimate.
