Philips Q3 Earnings Beat: Will Weak Outlook Drag the Stock Down?
PHGPhilips(PHG) ZACKS·2024-10-29 23:51

Koninklijke Philips N.V. (PHG) reported third-quarter 2024 earnings of €0.19 per share, witnessing a significant rise from the year-ago quarter's reported figure of €0.09 per share. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The company's sales decreased 2.1% on a year-over-year basis to €4.4 billion. Comparable sales remained steady, following double-digit growth in the third quarter of 2024. A decline in comparable sales in China was balanced by growth in other regions and an ...