Philips (PHG) Tops Q2 EPS by 9c; offers outlook

Philips (NYSE: PHG) reported Q2 EPS of EUR0.49, EUR0.09 better than the analyst estimate of EUR0.40. Revenue for the quarter came in at EUR4.36 billion versus the consensus estimate of EUR4.94 billion.

Outlook
Philips reiterates its full-year 2026 outlook, updated to reflect the US tariff refund benefit:
• Comparable sales growth: 3%-4.5%
• Adjusted EBITA margin: 13.5%-14.0%, including a US tariff refund benefit of approximately 1%, compared to 12.5%-13.0% previously
• Free cash flow: EUR 1.5-1.7 billion, updated to reflect the US tariff refund, compared to EUR 1.3-1.5 billion previously

For earnings history and earnings-related data on Philips (PHG) click here.

You May Also Be Interested In

• Senior Iranian Official To Reuters: Tehran Is Reviewing U.S. Response To Its Proposal To End Hostilities
• Stitch Fix (SFIX) call put ratio 4.9 calls to 1 put with a focus on October 2.5 and 5 calls into quarter results
• Sirius XM (SIRI) call put ratio 11 calls to 1 put with a focus on 1600 contracts of June 40 calls