CHICAGO (AP) — CHICAGO (AP) — GE HealthCare Technologies Inc. (GEHC) on Wednesday reported third-quarter profit of $615 million.
On a per-share basis, the Chicago-based company said it had net income of $1.36. Earnings, adjusted for one-time gains and costs, came to $1.34 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.
The medical technology company posted revenue of $5.51 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $5.36 billion.
GE HealthCare expects full-year earnings in the range of $4.95 to $5.05 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEHC at https://www.zacks.com/ap/GEHC
