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GEHC
Benzinga
187 days

Why Is GE HealthCare Stock Trading Soaring On Thursday?

1. GEHC's Q4 EPS rose to $1.45, exceeding expectations by $0.19. 2. Sales reached $5.32 billion, just shy of the $5.33 billion consensus. 3. 2024 revenue forecast set at $19.7 billion, up 1% year-over-year. 4. Orders increased 6% year-over-year, indicating strong market demand. 5. Adjusted EPS guidance for 2025 is $4.61-$4.75, above consensus of $4.66.

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FAQ

Why Bullish?

EPS and revenue growth beat consensus, which often boosts stock prices in short-term.

How important is it?

Strong earnings and growth forecasts significantly influence market perceptions of GEHC.

Why Short Term?

Positive Q4 results could lead to short-term investor confidence and trading activity.

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