Investing.com - Koninklijke Philips ADR reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Koninklijke Philips ADR announced earnings per share of €0.4 on revenue of €5.03B. Analysts polled by Investing.com anticipated EPS of €0.23 on revenue of €4.89B.
Koninklijke Philips ADR shares are up 1.97% from the beginning of the year and are trading at €49.76 , down-from-52-week-high.They are outperforming 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 Thursday, who reported EPS of €1.67 on revenue of €18.34B, compared to forecasts EPS of €1.49 on revenue of €17.61B.
Abbott Labs had beat expectations on Thursday with second quarter EPS of €0.57 on revenue of €7.33B, compared to forecast for EPS of €0.42 on revenue of €6.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar