A Look Ahead: Koninklijke Philips's Earnings Forecast

Koninklijke Philips PHG is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Koninklijke Philips to report an earnings per share (EPS) of $0.38.

The announcement from Koninklijke Philips is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

Last quarter the company beat EPS by $0.05, which was followed by a 2.5% drop in the share price the next day.

Here's a look at Koninklijke Philips's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.27 0.28 0.63 0.330
EPS Actual 0.32 0.28 0.44 0.359
Price Change % -3.0% -1.0% -0.0% -0.0%

eps graph

To track all earnings releases for Koninklijke Philips visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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