earnings
confidence high
sentiment neutral
materiality 0.75
GE HealthCare Q4 revenue $4.9B, adj EPS $1.31; FY23 adj EPS guidance $3.60-$3.75
GE HealthCare Technologies Inc.
2023-FY EPS reported
$4.22
revenue$18,341,000,000
- Q4 revenue $4.9B (+8% reported, +13% organic); net income $554M, EPS $1.21, adjusted EPS $1.31.
- FY22 revenue $18.3B (+4% reported, +7% organic); net income $1.9B, EPS $4.18, adjusted EPS $4.63.
- FY23 guidance: organic revenue growth 5-7%, adj EBIT margin 15.0-15.5%, adj EPS $3.60-$3.75, FCF conversion 85%+.
- Cash from operations $2.1B, free cash flow $1.8B for FY22; cash conversion 111%.
- Announced agreement to acquire IMACTIS to strengthen interventional guidance capabilities.