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Barchart
Barchart
Aditya Sarawgi

UNBELIEVABLE: Ge healthcare technologies earnings preview what to expect - The Untold Story

Healthcare GEHC

Chicago, Illinois GE HealthCare Technologies Inc. (GEHC) designs medical imaging and patient-monitoring products and related equipment and services. Valued at $34 billion by market cap, GEHC has a leading market share in imaging and ultrasound equipment. The company is set to announce its third-quarter results before the market opens on Wednesday, Oct. 29.

Ahead of the event, analysts expect the healthcare major to deliver a profit of $1.05 per share, down 7.9% from $1.14 per share reported in the year-ago quarter. On the positive note, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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