Earnings Preview: What to Expect From GE HealthCare’s Report

Valued at a market cap of $35.3 billion, Chicago-based GE HealthCare Technologies Inc. (GEHC) stands at the forefront of medical innovation, specializing in cutting-edge medical imaging, patient-monitoring products, and comprehensive healthcare solutions. The healthcare equipment giant is expected to lift the curtains on its fiscal Q2 earnings results on Tuesday, July 23. 

Ahead of this event, analysts are expecting GEHC to report a profit of $0.97 per share, up 5.4% from $0.92 per share in the year-ago quarter. The company holds an impressive track record of meeting or surpassing Wall Street's bottom-line estimates each of the last four quarters. The company's adjusted EPS for the last reported quarter climbed almost 6% year over year to $0.90, aligning precisely with the consensus EPS estimate.