WASHINGTON (dpa-AFX) - GE HealthCare Technologies Inc. (GEHC) revealed earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $564 million, or $1.23 per share. This compares with $374 million, or $0.81 per share, last year.
Excluding items, GE HealthCare Technologies Inc. reported adjusted earnings of $464 million or $1.01 per share for the period.
Analysts on average had expected the company to earn $0.91 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.7% to $4.777 billion from $4.650 billion last year.
GE HealthCare Technologies Inc. earnings at a glance (GAAP) :
-Earnings: $564 Mln. vs. $374 Mln. last year. -EPS: $1.23 vs. $0.81 last year. -Revenue: $4.777 Bln vs. $4.650 Bln last year.
-Guidance: Full year EPS guidance: $3.90 to $4.10
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