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% |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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