GE HealthCare (GEHC) will report earnings before markets open Wednesday, making it the last of the three former General Electric divisions to report for the quarter after 澳洲幸运5开奖号码历史查询:GE Aerospace (GE) and 澳洲幸运5开奖号码历史查询:GE Vernova (GEV).

Analysts expect a slight rise in revenue but little change to profits from a year ago, when GE HealthCare reported $418 million in net income or 91 cents per share on $4.82 billion in revenue.

Key Metric: Revenue

Investors will likely be watching the health of GE HealthCare's sales, after a 澳洲幸运5开奖号码历史查询:surprise drop in first-quarter❀ revenue from the year-ago period. The news sent shares tumbling 14% in a single session in April.

However, the company affirmed its full-year guidance despite lackluster first-quarter results, as CEO Peter Arduini said much of GE HealthCare's growth could come in the second half of the year.

Business Spotlight: AI Initiatives

In its earnings report, GE HealthCare could provide more details on its investments in the AI space after it recently announced an acquisition and partnership to boost its AI capabilities.🍎

The company said this week it would partner with Amazon (AMZN) Web Services and its Bedrock offering of AI models to "deliver entirely new, purpose-built foundation models designed to fast-track the development of innovative healthcare applications."

Earlier this month, GE HealthCare also announced the acquisition of the AI software business of Intelligent Ultrasound Group for about $51 million, expecting the deal to close by the end of the fourth quarter. The company said adding the business will help "improve workflows and enhance ease-of-use for the benefit of clinicians and patients."

GE HealthCare shares have lost about 9.5% of their value since the company's first-quarter earnings miss, though they've gained 4% since the start of 2024 at $80.50 as of Friday's close.