GE HealthCare (GEHC) beats earnings but cuts full-year revenue outlook amid China headwinds

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GE HealthCare (GEHC) PT Raised to $92 at Jefferies

July 31, 2024 3:50 PM EDT

Jefferies analyst Matthew Taylor raised the price target on GE HealthCare (NASDAQ: GEHC) to $92.00 (from $87.00) while maintaining a Hold rating.

The analyst comments "GEHC reported 2Q24 sales of $4.84B, +1% organic vs cons $4.88B, and EPS of $1.00 (+9%) vs cons $0.98. Orders increased +3%... More

GE HealthCare (GEHC) Tops Q2 EPS by 2c, cuts revenue guidance

July 31, 2024 6:25 AM EDT

(Updated - July 31, 2024 6:25 AM EDT)

GE HealthCare (NASDAQ: GEHC) reported Q2 EPS of $1.00, $0.02 better than the analyst estimate of $0.98. Revenue for the quarter came in at $4.84 billion versus the consensus estimate of $4.87 billion.

The company sees full-year EPS between $4.20 and $4.35,... More