Koninklijke Philips Q2 Adj. EPS $0.57 Beats $0.40 Estimate, Sales $5.068B Beat $5.040B Estimate
Koninklijke Philips (NYSE:PHG) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.40 by 42.5 percent. This is a 39.02 percent increase over earnings of $0.41 per share from
Philips made more money than people expected—they earned $0.57 per share when experts guessed $0.40, and their sales were also bigger than predicted. When a company beats expectations like this, it's a sign things might be going well, so it's worth watching to see if this keeps happening.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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