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GE / GE HealthCare reports first results after GE spinoff, with revenue rising 8% but profit slipping

GE HealthCare reports first results after GE spinoff, with revenue rising 8% but profit slipping
Shares of GE HealthCare GEHC, slipped 0.1% in premarket trading Monday, after the medical technology and pharmaceutical diagnostics company reported its first results as a public company, with fourth-quarter profit falling from a year ago while revenue rose. The company, which completed its spinoff from General Electric Co. GE, +2.58% on Jan. 3, said net income slipped 1.8% to $554 million, as earning per share from continuing operations fell to $1.21 from $1.24. Read More
Posted: Jan 30 2023, 06:39
Author Name: Market Watch
Views: 110825

GE News  

GE's Pension Invested $100 Million in a New ETF

By Barrons
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GE's Pension Invested $100 Million in a New ETF

General Electric's pension disclosed a stake in the Simplify Market Neutral Equity Long/Short exchange-traded fund in the third quarter. more_horizontal

Should You Pick General Electric Stock At $110 After A Solid Q3?

By Forbes
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Should You Pick General Electric Stock At $110 After A Solid Q3?

General Electric reported revenue of $17.3 billion, reflecting 20% growth from the prior year period and above our estimate of $15.8 billion. more_horizontal

Siemens Energy Plummets on Wind Power Worries. What It Means for GE.

By Barrons
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Siemens Energy Plummets on Wind Power Worries. What It Means for GE.

Siemens Energy's wind business lost more than $2.5 billion in its June quarter. more_horizontal

GE and Others are Losing Billions on Offshore Wind. A Path Forward Emerges.

By Barrons
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GE Reports Stellar Earnings Ahead Of Breaking Into Two Companies

By Forbes
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GE, RTX, GM Earnings Show That This Economy Is Wild

By Barrons
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GE, RTX, GM Earnings Show That This Economy Is Wild

For investors, it's a time to stick to the basics: Buy quality companies and don't pay too much. more_horizontal

Earnings breakdown: GE, 3M, RTX, Verizon

By Yahoo Finance
October 24, 2023

Earnings breakdown: GE, 3M, RTX, Verizon

General Electric (GE) and 3M (MMM) shares jump after both companies topped their respective earnings expectations and raised guidance. Aerospace devel more_horizontal

GE's earnings included an array of nonstandard — and confusing — numbers

By Market Watch
October 24, 2023

GE's earnings included an array of nonstandard — and confusing — numbers

But that's no excuse for General Electric Co.'s GE, +7.37% third-quarter earnings release early Tuesday to include quite so many nonstandard, non-GAAP more_horizontal


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