Koninklijke Philips (NYSE:PHG) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.40 by 42.5 percent. This is a 39.02 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $5.068 billion which beat the analyst consensus estimate of $5.040 billion by 0.56 percent. This is a 3.04 percent increase over sales of $4.918 billion the same period last year.