GE HealthCare forecasts upbeat 2025 profit on steady medical device demand
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GE HealthCare Technologies has forecasted an annual profit for 2025 that exceeds Wall Street estimates, driven by strong demand for its medical devices in the U.S. This is expected to counterbalance weaker performance in China.
February 13, 2025 | 1:00 pm
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GE HealthCare Technologies forecasts a 2025 profit above Wall Street estimates, driven by strong U.S. demand for medical devices, offsetting weaker performance in China.
The forecasted profit exceeding Wall Street estimates is a positive indicator for GE HealthCare's stock, suggesting strong future performance. The robust demand in the U.S. market is a key driver, which is significant given the company's reliance on this market to offset weaker demand in China.
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