GE Healthcare Beats Earnings Estimates and Posts Record Order Growth, Lifts Shares 10% in Premarket
GE Healthcare beat second-quarter earnings estimates and reported record organic order growth, sending shares up 10% in premarket trading. The company posted revenue of $5.3 billion and adjusted earnings per share of $1.13, beating expectations, while organic orders increased 11.1% year over year.
The manufacturer reaffirmed its full-year adjusted profit forecast of $4.80 to $5.00 per share. Management noted that its Patient Care Solutions division, revenue of $675 million, declined 13.3%, prompting the unit to review strategic options to maximize long-term value.
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@wallstengineGE HEALTHCARE $GEHC Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $5.3B (Est. $5.26B) 🟢; +5.7% YoY 🔹 Adj. EPS: $1.13 (Est. $1.04) 🟢; +6.6% YoY 🔹 Organic Orders Growth: +11.1%; record quarter Affirms FY26 Guide: 🔹 Adj. EPS: $4.80-$5.00 (Est. $4.87)
@stockmktnewzGE Healthcare $GEHC stock is up by 10% in pre market trading following its earnings 🟢