0 0 -0.00024675025882896 0 -0.00115035085701149 -0.00270332451397676 0.00169676751409173 0.00471643851374665
Sign Up Today X
Thanks for submitting the form.
Stockreport

GE HealthCare beats Q3 profit estimates on U.S. demand for medical devices [Yahoo! Finance Canada]

GE Aerospace (GE)  More Company Research Source: Yahoo! Finance Canada
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Sales in the U.S. and Canada rose 8% to $2.25 billion, but were down 22% at $564 million in China. Medical device makers have been benefiting from increased demand for heart procedures and non-urgent surgeries such as hip and knee replacements over the past few quarters especially among older adults, who deferred these procedures during the pandemic. However, the company said it expects revenue growth trending towards the lower end of its forecast of 1% to 2% growth year-over-year, given the continued softness in the China market, which brought in 14.2% of its revenue last year. GE HealthCare's sales have been hurt in the last few quarters due to a freeze in China's healthcare sector amid an anti-corruption campaign, which is targeting the bribing of doctors in drug and medical equipment sales, and a delay in the country's 2024 stimulus. GE HealthCare's total third-quarter sales came in at $4.86 billion, versus estimates of $4.87 billion. Excluding one-off items, GE HealthC [Read more]
IMPACT SNAPSHOT EVENT TIME: GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
GE alerts
from News Quantified
GE
NEWS
GE
Earnings
GE
Analyst Actions
GE
SEC Filings
Stockreport

GE HealthCare beats Q3 profit estimates on U.S. demand for medical devices [Yahoo! Finance Canada]

GE Aerospace  (GE) 
More Company Research Source: Yahoo! Finance Canada
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Sales in the U.S. and Canada rose 8% to $2.25 billion, but were down 22% at $564 million in China. Medical device makers have been benefiting from increased demand for heart procedures and non-urgent surgeries such as hip and knee replacements over the past few quarters especially among older adults, who deferred these procedures during the pandemic. However, the company said it expects revenue growth trending towards the lower end of its forecast of 1% to 2% growth year-over-year, given the continued softness in the China market, which brought in 14.2% of its revenue last year. GE HealthCare's sales have been hurt in the last few quarters due to a freeze in China's healthcare sector amid an anti-corruption campaign, which is targeting the bribing of doctors in drug and medical equipment sales, and a delay in the country's 2024 stimulus. GE HealthCare's total third-quarter sales came in at $4.86 billion, versus estimates of $4.87 billion. Excluding one-off items, GE HealthC [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS