Investing.com - Koninklijke Philips ADR reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Koninklijke Philips ADR announced earnings per share of €0.7 on revenue of €5.86B. Analysts polled by Investing.com anticipated EPS of €0.5 on revenue of €5.61B.
Koninklijke Philips ADR shares are up 0.02% from the beginning of the year and are trading at €48.81 , down-from-52-week-high.They are broadly in line with the EUR/USD which is down 0% from the start of the year.
Koninklijke Philips ADR follows other major Healthcare sector earnings this month
Koninklijke Philips ADR's report follows an earnings beat by J&J on October 13, who reported EPS of €2.2 on revenue of €21.08B, compared to forecasts EPS of €1.98 on revenue of €20.2B.
Intuitive Surgical had beat expectations on Thursday with third quarter EPS of €2.77 on revenue of €1.08B, compared to forecast for EPS of €2.06 on revenue of €970.98M.
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