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GE HealthCare Technologies' Q2 Adjusted Earnings, Revenue Rise
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GE HealthCare Technologies' Q2 Adjusted Earnings, Revenue Rise
Jul 31, 2024 4:16 AM

06:46 AM EDT, 07/31/2024 (MT Newswires) -- GE HealthCare Technologies ( GEHC ) reported Q2 adjusted earnings Wednesday of $1 per diluted share, up from $0.92 a year earlier.

Analysts polled by Capital IQ expected $0.98.

Revenue for the quarter ended June 30 was $4.84 billion, compared with $4.82 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.87 billion.

The company said it still expects full-year 2024 adjusted earnings of $4.20 to $4.35 per diluted share, but lowered its organic growth forecast to between 1% and 2% from 4% previously. Analysts polled by Capital IQ expect earnings of $4.27 on revenue of $20.12 billion.

The company's shares fell over 8% during recent pre-market activity on Wednesday.

Price: 76.20, Change: -6.45, Percent Change: -7.80

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