Koninklijke Philips (NYSE:PHG) reported its Q4 earnings results on Monday, January 24, 2022 at 01:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Koninklijke Philips missed estimated earnings by 52.55%, reporting an EPS of $0.65 versus an estimate of $1.37, which surprised analysts.
Revenue was up $1.50 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.04, which was followed by a 4.03% increase in the share price the next day.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
