Koninklijke Philips (NYSE:PHG) reported quarterly earnings of €0.51 per share which missed the analyst consensus estimate of €0.57 by 10.53 percent. This is a 27.5 percent increase over earnings of €0.40 per share from the same period last year. The company reported quarterly sales of €5.044 billion which missed the analyst consensus estimate of €5.100 billion by 1.10 percent. This is a 0.47 percent decrease over sales of €5.068 billion the same period last year.
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