financetom
Business
financetom
/
Business
/
GE HealthCare boosts 2025 profit view after strong US demand helps third quarter
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GE HealthCare boosts 2025 profit view after strong US demand helps third quarter
Oct 29, 2025 5:01 AM

Oct 29 (Reuters) - GE HealthCare Technologies ( GEHC )

raised its annual adjusted profit forecast and beat estimates

for third-quarter results on Wednesday, powered by strong demand

for its medical devices in the United States and the Europe,

Middle East, and Africa region.

Over the past couple of years, medical device makers have

benefited from more people, particularly older Americans,

seeking healthcare services and surgical procedures.

The company now expects 2025 adjusted profit of $4.51 to

$4.63 per share, 4 cents higher at the midpoint than its

previous expected range of $4.43 to $4.63.

It reiterated expectations of a $265 million, or

45-cents-per-share, impact this year from President Donald

Trump's tariffs.

But the estimate now includes the administration's 50%

levies on India and certain tariffs on copper, steel and

aluminum derivatives, GE HealthCare ( GEHC ) said on Wednesday.

Revenue in the imaging devices unit - the largest of its

four segments - rose 5% to $2.35 billion in the third quarter.

Its other three businesses are advanced visualization

solutions, patient care solutions and pharmaceutical

diagnostics.

Total quarterly sales came in at $5.14 billion, compared

with analysts' average estimate of $5.08 billion, according to

data compiled by LSEG.

Sales in China fell 3% to $547 million, still under pressure

from business disruptions tied to Beijing's anti-corruption

crackdown on the healthcare sector, as well as delays in

economic stimulus.

On an adjusted basis, GE HealthCare ( GEHC ) earned $1.07 per share

during the quarter ended September 30, higher than estimates of

$1.05 per share, but down 6 cents from last year due to a hit

from tariffs.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Marvell Offloads Auto Ethernet Segment To Infineon Tech For $2.5 Billion Cash
Marvell Offloads Auto Ethernet Segment To Infineon Tech For $2.5 Billion Cash
Apr 8, 2025
Marvell Technology, Inc. ( MRVL ) shares are trading higher premarket on Tuesday. On Monday, the company disclosed a definitive deal to sell its Automotive Ethernet business to Infineon Technologies AG ( IFNNF ) for $2.5 billion in an all-cash deal. The transaction includes Marvell's ( MRVL ) Brightlane Automotive Ethernet portfolio and related assets. Also Read: If Tariffs Shift...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Montage Gold Reports Higher Grade Satellite Deposits at Kone Project in Cote d'Ivoire
Montage Gold Reports Higher Grade Satellite Deposits at Kone Project in Cote d'Ivoire
Apr 8, 2025
06:59 AM EDT, 04/08/2025 (MT Newswires) -- Montage Gold ( MAUTF ) on Tuesday released the results of its 2024 Kone project exploration program in Cote d'Ivoire, which boosted expectations of achieving a short-term exploration target of discovering more than 1 million ounces of measured and indicated resources at a 50% higher grade compared to the Kone deposit. Mineralization was...
Stellantis output in Italy fell further in first quarter, union says
Stellantis output in Italy fell further in first quarter, union says
Apr 8, 2025
MILAN, April 8 (Reuters) - Stellantis' ( STLA ) Italian auto production dropped further in the first quarter after output in the country fell to an almost 70-year low in 2024, the FIM Cisl union said on Tuesday, as new models will not support activity before next year. Vehicle production in the January-March period, comprising passenger cars and vans was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved