GE HealthCare: Q4 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — GE HealthCare Technologies Inc. (GEHC) on Tuesday reported fourth-quarter profit of $403 million.

The Chicago-based company said it had net income of 88 cents per share. Earnings, adjusted for non-recurring costs, were $1.18 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The medical technology company posted revenue of $5.21 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $5.09 billion.

For the year, the company reported profit of $1.57 billion, or $3.03 per share. Revenue was reported as $19.55 billion.

GE HealthCare expects full-year earnings in the range of $4.20 to $4.35 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEHC at https://www.zacks.com/ap/GEHC