GE HealthCare Technologies Stock Jumps After Company Releases Guidance

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  • GE HealthCare Technologies Stock Jumps After Company Releases Guidance

Shares of GE HealthCare Technologies surged on Wednesday after the company released its guidance for the upcoming quarter. The company said it expects to see a year-over-year revenue increase of 5-7% and an adjusted EPS increase of 8-10%. This news sent the stock up nearly 7% in early trading. Analysts were also optimistic about the company’s prospects, with one analyst predicting that the company’s recent acquisitions will help to drive further growth. The company’s strong guidance was seen as a sign that the health care sector is continuing to rebound from the pandemic.