Koninklijke Philips N.V. ($PHG) 3Q20 Earnings Sneak Peek

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Koninklijke Philips N.V. (NYSE:PHG) is reporting third quarter financial results on Monday 19th October 2020, before market open.

Previous Quarter Performance

Koninklijke Philips N.V. unfold income for the second quarter of $ 0.39 per share, from the revenue of $ 4,840.00 million. The quarterly earnings 18.75 percent while revenues decreased 7.49 percent compared with the same quarter last year.

Stock Performance

On Friday, shares of Koninklijke Philips N.V. has traded high as $ 49.13 and has cracked $ 48.04 on the downward trend, reaching $ 48.81 with volume of 1.15 million shares.

According to the previous trading day, closing price of $ 48.81, representing a 54.23 % increase from the 52 week low of $ 30.50 and a 13.34 % decrease over the 52 week high of $ 54.28.

The company has a market capital of $ 44.18 billion and is part of the Healthcare sector and Diagnostics & Research industry.

Koninklijke Philips N.V. operates as a health technology company worldwide. It operates through Diagnosis & Treatment, Connected Care & Health Informatics, and Personal Health segments.