Investing.com - Philips reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Philips announced earnings per share of €0.94 on revenue of €6B. Analysts polled by Investing.com anticipated EPS of €0.8473 on revenue of €5.94B.
Philips shares are up 6% from the beginning of the year and are trading at €46.64 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is up 0.8% from the start of the year.
Philips shares gained 2.20% in intra-day trade the report.
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