Investing.com - Koninklijke Philips (NYSE:PHG) ADR reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Koninklijke Philips ADR announced earnings per share of €0.94 on revenue of €6B. Analysts polled by Investing.com anticipated EPS of €1.04 on revenue of €7.23B.
Koninklijke Philips ADR shares are up 2.57% from the beginning of the year, still down 1.40% from its 52 week high of €56.35 set on January 4. 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 Intuitive Surgical on Thursday, who reported EPS of €3.58 on revenue of €1.33B, compared to forecasts EPS of €3.12 on revenue of €1.25B.
NeoGenomics had matched expectations on December 30, 2020 with fourth quarter EPS of €0.06 on revenue of €125.44M, compared to forecast for EPS of €0.06 on revenue of €125.42M.
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