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Why did GE Healthcare stock trading soar on Thursday? – GE Healthcare Techs (NASDAQ: GEHC)

Thursday, GE Healthcare GEHC The fourth-quarter adjusted earnings per share was reported at $1.45, up from $1.18 a year ago, surpassing the $1.26 consensus.

The company reported sales of $5.32 billion, almost in line with the consensus of $5.33 billion, up 2% year-on-year and organic base. Revenue growth is driven by Advanced Visualization Solutions (AVS) and Drug Diagnostics (PDX), and overall strength in the United States

Its revenue was $19.7 billion, up 1% year-on-year on a reported and organic basis. Revenue growth in the U.S. and PDX was partially offset by the continued market softness in China.

The company’s books totaled 1.09 times. The company’s total orders increased organically by 6% year-on-year.

Also Read: GE Healthcare and DeepHealth Team Work to Advance AI-powered Breast Cancer Screening: Details

Net revenue attributable to GE Healthcare was $720 million, compared with $403 million a year ago, adjusted EBIT was $994 million, and $837 million.

Peter Arduini, president and CEO of GE Healthcare, said: “We are happy with the strong momentum of orders, backlogs and book-to-tickets we saw in the fourth quarter. We are also continuing to be in our advanced visual solutions and pharmaceutical diagnostics business.” , We continue to provide revenue growth in the context of overall U.S. strength and solid margin expansion and earnings growth.”

guide: GE Healthcare launches full-year guidance for 2025, including the estimated impact of recently implemented U.S. tariffs on Chinese products.

  • The company expects natural revenue to grow by 2% to 3%, reflecting ongoing demand for products and services and a measure of the Chinese market conditions.
  • Adjusted EBIT margin is expected to be 16.7%-16.8%.
  • The company expects adjusted earnings per share of $4.61 to $4.75, compared to the consensus of $4.66, with free cash flow of at least $1.75 billion.

Price action: GEHC shares rose 9.01% to $93.64 in the last check.

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