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Barchart
Barchart
Aditya Sarawgi

What You Need To Know Ahead of GE HealthCare Technologies’ Earnings Release

GE Healthcare GEHC

Chicago, Illinois GE HealthCare Technologies Inc. (GEHC) designs medical imaging and patient-monitoring products and related equipment and services. Valued at $34.4 billion by market cap, GEHC has a leading share in the imaging and ultrasound equipment market. The company is set to announce its second-quarter results before the market opens on Wednesday, Jul. 30.

Ahead of the event, analysts expect the healthcare major to deliver a profit of $0.91 per share, down 9% from $1 per share reported in the year-ago quarter. On the positive note, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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