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GE HealthCare Technologies Q1 Adjusted Earnings Rise, Revenue Falls; Reaffirms 2024 Adjusted EPS Guidance; Shares Slump
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GE HealthCare Technologies Q1 Adjusted Earnings Rise, Revenue Falls; Reaffirms 2024 Adjusted EPS Guidance; Shares Slump
Apr 30, 2024 6:29 AM

08:53 AM EDT, 04/30/2024 (MT Newswires) -- GE HealthCare Technologies ( GEHC ) reported Q1 adjusted earnings Tuesday of $0.90 per share, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected $0.91.

Revenue for the quarter ended March 31 was $4.65 billion, down from $4.71 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.80 billion.

The company reaffirmed its 2024 adjusted EPS guidance of $4.20 to $4.35. Analysts surveyed by Capital IQ expect $4.30.

The company's shares were down 8.8% in premarket activity.

Price: 81.03, Change: -7.91, Percent Change: -8.89

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