Koninklijke Philips Q3 Adj. EPS $0.36 Beats $0.33 Estimate, Sales $4.87B Beat $4.65B Estimate
Portfolio Pulse from Benzinga Newsdesk
Koninklijke Philips (NYSE:PHG) reported Q3 adjusted earnings of $0.36 per share, beating the analyst consensus estimate of $0.33 by 8.79%. This is a 43.6% increase from the same period last year. The company also reported quarterly sales of $4.87 billion, beating the analyst consensus estimate of $4.65 billion by 4.65%, a 11.99% increase from the same period last year.
October 23, 2023 | 8:14 am
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Koninklijke Philips reported better than expected Q3 earnings and sales, indicating a strong financial performance.
Koninklijke Philips reported a significant YoY increase in Q3 earnings and sales, beating analyst estimates. This indicates a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100