BUZZ-GE HealthCare rises after forecasting 2025 profit above estimates

Updates

Shares of medical equipment maker GE HealthCare GEHC.O rise as much as 8.4% to an over five-month high of $93.08

Stock has its best day in over a year, if gains hold

Company forecasts 2025 adj. profit in the range of $4.61/share to $4.75/share, higher than analysts' estimates of $4.66/share, according to data compiled by LSEG

GEHC posts Q4 rev. of $5.32 billion vs analysts' estimates of $5.33 billion

Company reports Q4 adj. profit of $1.45/share, higher than analysts' estimates of $1.26/share

*"We view 2025 guidance as a healthy place to start off the year and likely not a surprise to investors given the uncertainties around the China recovery" - brokerage Citi

Stock had risen 3.3% in the last 12 months