Koninklijke Philips NV <PHG.N> expected to post earnings of 25 cents a share - Earnings Preview
Koninklijke Philips NV PHG.N, PHG is expected to show a fall in quarterly revenue when it reports results on July 29 for the period ending June 30 2024
The Eindhoven Noord-brabant-based company is expected to report a 0.4% decrease in revenue to €4.452 billion from €4.47 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Koninklijke Philips NV is for earnings of 25 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Koninklijke Philips NV is $28.00, above its last closing price of $25.75.
Previous quarterly performance (using preferred earnings measure in euros).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2024 | 0.26 | 0.26 | 0.26 | Met | 0 |
Dec. 31 2024 | 0.57 | 0.57 | 0.41 | Missed | -27.6 |
Jan. 1 0001 | 0.32 | 0.32 | 0.33 | Beat | 4.8 |
Jun. 30 2023 | 0.30 | 0.30 | 0.28 | Missed | -5.1 |
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This summary was machine generated July 26 at 05:03 GMT. All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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