Investing.com - Koninklijke Philips ADR reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Koninklijke Philips ADR announced earnings per share of €0.25 on revenue of €4.30. Analysts polled by Investing.com anticipated EPS of €0.24 on revenue of €4.49B.
Koninklijke Philips ADR shares are down 64.53% from the beginning of the year and are trading at €13.07 , down-from-52-week-high.
Koninklijke Philips ADR follows other major Healthcare sector earnings this month
Koninklijke Philips ADR's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of €5.79 on revenue of €80.9B, compared to forecasts EPS of €5.43 on revenue of €80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of €2.55 on revenue of €23.79B, compared to forecast for EPS of €2.52 on revenue of €23.46B.
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