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Focus on order recovery ahead of Philips Q3 earnings release

Earnings Whispers · ·by G4L

  1. 1Philips recorded a 1% decline in order volume last quarter.
  2. 2The consensus estimate for Philips Q3 revenue is approximately $4.99 billion, representing a 0.8% revenue decline for the third quarter.
  3. 3Management provided a Q3 comparable revenue guidance range of 3% to 4.5%, leaning toward the lower end due to the situation in China and headwinds related to ultrasound.

So what's the key point?

Philips order volume decreased by 1% last quarter. Since revenue may be lower than expert expectations, the company's situation needs to be monitored.

Source Earnings Whispers · View original ↗

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