Outlook: Philips presents the balance sheet for the past quarter

Philips opens the books – what analysts expect.

On July 24, 2023, Philips will report its business results for the quarter ended June 30, 2023.

4 analysts, on average, estimate that Philips generated earnings of EUR0.264 per share in the most recent quarter. In the same quarter of the previous year it was EUR 0.134 per share.

In terms of sales, 4 analysts expect an average of EUR 4.47 billion for the past quarter – an increase of 6.45 percent compared to sales in the same quarter of the previous year. At that time Philips had brought in a turnover of 4.20 billion euros.

For the fiscal year, 15 analysts are now expecting earnings per share of EUR 1.07 compared to EUR 0.919 in the previous year. 15 analysts see sales at an average of EUR 18.40 billion, compared to EUR 17.83 billion last year.

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