financetom
Business
financetom
/
Business
/
GE HealthCare cuts annual profit forecast on tariff impact
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GE HealthCare cuts annual profit forecast on tariff impact
May 25, 2025 9:46 PM

April 30 (Reuters) - GE HealthCare Technologies ( GEHC )

trimmed its full-year profit forecast on Wednesday, as it

expects a hit from U.S. President Donald Trump's tariffs.

The company expects an 85 cent impact to its adjusted

2025 per share profit, with the range now at $3.90 to $4.10 per

share, compared with its previous forecast of between $4.61 and

$4.75 per share.

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 >
Berkshire Hathaway Sells $863 Million Worth of Bank of America Shares
Berkshire Hathaway Sells $863 Million Worth of Bank of America Shares
Oct 3, 2024
06:31 AM EDT, 09/25/2024 (MT Newswires) -- Berkshire Hathaway (BRK.A, BRK.B) sold almost 21.6 million Bank of America (BAC) shares for almost $863 million, Berkshire Hathaway's Form 4 filed late Tuesday showed. Berkshire Hathaway sold 10.2 million BAC shares on Friday at an average price of $40.36, with 4.9 million and 6.4 million sold on Monday and Tuesday, respectively. Following...
Berkshire sells more BofA shares, netting $9 bln since July
Berkshire sells more BofA shares, netting $9 bln since July
Oct 3, 2024
Sept 25 (Reuters) - Warren Buffett's Berkshire Hathaway ( BRK/A ) has offloaded more shares in Bank of America ( BAC ), its latest filing showed on Tuesday, raking in about $9 billion since July. The conglomerate said it sold around 21 million shares between Sept. 20 and Sept. 24 for around $863 million, following sales of about 45.6 million...
Emera Subsidiaries, Governments Strike Loan Guarantee Agreement for Nova Scotia Power Cost Relief
Emera Subsidiaries, Governments Strike Loan Guarantee Agreement for Nova Scotia Power Cost Relief
Oct 3, 2024
06:27 AM EDT, 09/25/2024 (MT Newswires) -- Emera ( EMRAF ) late on Tuesday said its subsidiaries NSP Maritime Link (NSPML) and Nova Scotia Power (NSPI) finalized an agreement with the governments of Canada and Nova Scotia for a $500 million federal loan guarantee intended to provide cost relief to the province's electricity customers. Natural Resources Canada is providing a...
Vertex Energy Plunges Premarket Following Chapter 11 Filing in Texas District Court
Vertex Energy Plunges Premarket Following Chapter 11 Filing in Texas District Court
Oct 3, 2024
06:30 AM EDT, 09/25/2024 (MT Newswires) -- Vertex Energy's ( VTNR ) shares were down over 55% in premarket activity Wednesday after the company said overnight that it commenced Chapter 11 cases in the US Bankruptcy Court for the Southern District of Texas. The company said late Tuesday that the move is designed to facilitate its restructuring agreement with overwhelming...
Copyright 2023-2026 - www.financetom.com All Rights Reserved