GE HealthCare falls after Q1 profit miss, forecast cut

GE HealthCare Technologies

29/04/2026 11:53

** Shares of medical device maker GE Healthcare GEHC.O fall 5.6% to $64.70 premarket

** Co cuts annual adjusted profit forecast to $4.80–$5.00 vs average of analysts' estimates of $5.07 – LSEG data

** Co reports Q1 2026 adjusted profit of $0.99 per share vs analysts' average estimate of $1.05

** Q1 revenue rises 7.4% to $5.13 bln vs estimate of $5.04 bln

** Co says Q1 margins were hit by a supplier issue and higher costs including memory chips, oil and freight

** As of last close, stock down ~17% YTD

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))