U.S. Stocks on the Move | Q3 Core Profit Metric Beats Expectations; Philips (PHG.US) Rises Over 6% in Pre-Market Trading
Zhito Finance APP has learned that on Tuesday, Philips (PHG.US) rose more than 6% in pre-market trading to $29.28. On the news front, thanks to higher sales and stricter cost control, Philips' third-quarter 2026 earnings came in above expectations. The financial report shows that the company's sales were 4.393 billion euros, up 2% nominally and up 3% on a comparable basis, slightly below the market expectation of about 4.41 billion euros; adjusted diluted earnings per share were 0.40 euros, compared with 0.36 euros in the same period last year. Comparable order growth was 8%, driven by broad demand in the Diagnosis & Treatment business; adjusted EBITA was 569 million euros, with a margin of 13.0%, up 70 basis points year-on-year and significantly above the market expectation of 11.9%; operating cash flow was 544 million euros, and free cash flow was 384 million euros, a substantial year-on-year improvement.
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