CHICAGO (AP) — CHICAGO (AP) — GE HealthCare Technologies Inc. (GEHC) on Wednesday reported fourth-quarter earnings of $589 million.
On a per-share basis, the Chicago-based company said it had net income of $1.29. Earnings, adjusted for one-time gains and costs, came to $1.44 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The medical technology company posted revenue of $5.7 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $5.59 billion.
For the year, the company reported profit of $2.08 billion, or $4.55 per share. Revenue was reported as $20.63 billion.
GE HealthCare expects full-year earnings in the range of $4.95 to $5.15 per share.
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