GE HealthCare boosts 2025 profit view after strong US demand helps third quarter

Reuters
Oct 29, 2025
GE HealthCare boosts 2025 profit view after strong US demand helps third quarter

Oct 29 (Reuters) - GE HealthCare Technologies GEHC.O raised its annual adjusted profit forecast and beat estimates for third-quarter results on Wednesday, powered by strong demand for its medical devices in the United States and the Europe, Middle East, and Africa region.

Over the past couple of years, medical device makers have benefited from more people, particularly older Americans, seeking healthcare services and surgical procedures.

The company now expects 2025 adjusted profit of $4.51 to $4.63 per share, 4 cents higher at the midpoint than its previous expected range of $4.43 to $4.63.

It reiterated expectations of a $265 million, or 45-cents-per-share, impact this year from President Donald Trump's tariffs.

But the estimate now includes the administration's 50% levies on India and certain tariffs on copper, steel and aluminum derivatives, GE HealthCare said on Wednesday.

Revenue in the imaging devices unit - the largest of its four segments - rose 5% to $2.35 billion in the third quarter.

Its other three businesses are advanced visualization solutions, patient care solutions and pharmaceutical diagnostics.

Total quarterly sales came in at $5.14 billion, compared with analysts' average estimate of $5.08 billion, according to data compiled by LSEG.

Sales in China fell 3% to $547 million, still under pressure from business disruptions tied to Beijing's anti-corruption crackdown on the healthcare sector, as well as delays in economic stimulus.

On an adjusted basis, GE HealthCare earned $1.07 per share during the quarter ended September 30, higher than estimates of $1.05 per share, but down 6 cents from last year due to a hit from tariffs.

(Reporting by Puyaan Singh in Bengaluru; Editing by Devika Syamnath)

((Puyaan.Singh@thomsonreuters.com;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10