BUZZ-GE Healthcare surges to nearly 9-month high after raising annual profit forecast

Latest Developments

October 28 - **Medical equipment manufacturer GE HealthCare (stock code: GEHC.O) shares rose 7.2% to $76.19, reaching a nearly 9-month high

** The company raised its full-year adjusted earnings per share forecast from $4.80–$5.00 to $4.95–$5.05

** The company reported third-quarter adjusted earnings per share of $1.34, above analysts' average expectation of $1.20 per share — LSEG

** Third-quarter revenue increased 7.2% to $5.51 billion, beating analysts' average expectation of $5.35 billion — LSEG

** The company expects adjusted earnings per share for fiscal year 2026 to be $4.95—$5.05, while analysts' average expectation is $4.92 per share — London Stock Exchange Group

**After accounting for the day's fluctuation, the stock's year-to-date cumulative decline is about 7%

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