Siemens Healthineers stock jumps on solid fiscal year results By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2024
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Source: Investing.com
Siemens Healthineers Financial Performance: Shares rose over 7% after the company met its full-year revenue and profit targets, reporting a 4.7% annual revenue growth and adjusted EBIT of €3.5 billion, despite weaker results in China.
Future Outlook: The company forecasts 5%-6% revenue growth for 2025 and anticipates earnings per share between €2.35 and €2.50, with analysts noting that cautious guidance could allow for potential upgrades if conditions in China improve.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
