Koninklijke Philips Q1 Adj. EPS $0.27 Beats $0.23 Estimate, Sales $4.572B Miss $4.600B Estimate

Koninklijke Philips N.V. Sponsored ADR

Koninklijke Philips N.V. Sponsored ADR

PHG

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Koninklijke Philips (NYSE: PHG) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.23 by 17.39 percent. This is a 3.85 percent increase over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $4.572 billion which missed the analyst consensus estimate of $4.600 billion by 0.61 percent. This is a 6.13 percent increase over sales of $4.308 billion the same period last year.