Koninklijke Philips N.V. (NYSE: PHG) is scheduled to reveal its financial results for the third quarter on Monday 28th October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.
According to the predictions of financial experts on Wall Street, the company is expected to announce an anticipated $0.38 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $4.96 billion for the period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $20.18 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $1.66 during the fiscal year.
The per-share income of $0.36 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $4.87 billion recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.32 | +3.2% | 4.80 B | -1.4% |
| Q1 2024 | $0.28 | +16.7% | 4.49 B | +0.5% |
| Q4 2023 | $0.44 | +4.8% | 5.45 B | -1.5% |
| Q3 2023 | $0.36 | +44.0% | 4.87 B | +12.0% |
| Q2 2023 | $0.31 | +106.7% | 4.87 B | +9.4% |
| *Growth on year-over-year basis | ||||
Koninklijke Philips N.V. (PHG) closed Thursday's regular trading session at $32.19, demonstrating a 0.91 percent advance, with a volume of 559.20 thousand shares.
