earnings
confidence high
sentiment positive
materiality 0.80
GE HealthCare Q3 revenue +6% organic; raises low end of adjusted EPS guidance
GE HealthCare Technologies Inc.
2023-Q3 EPS reported
$2.15
revenue$14,346,000,000
- Revenue $4.8B, up 5% reported and 6% organic YoY; net income $375M vs $487M.
- Adjusted EPS $0.99 vs standalone adjusted $0.87 (+14%); GAAP EPS $0.83 vs $1.07.
- Adjusted EBIT margin 15.4% (+120 bps vs standalone 14.2%); free cash flow $570M (+$22M YoY).
- Full-year adjusted EPS raised to $3.75-$3.85 (prior $3.70-$3.85); organic growth 6%-8%.
- Imaging +5%, Ultrasound -1%, Patient Care Solutions +9%, Pharmaceutical Diagnostics +13%.