A Procter & Gamble (P&G) brand is seen through the sixth China International Import Expo (CIIE) on the National Exhibition and Convention Center (Shanghai) on November 7, 2023 in Shanghai, China.
VCG | Getty Images
Procter & Gamble on Tuesday reported combined quarterly earnings and revenue for its fiscal second quarter.
Shares of the corporate rose lower than 1% in premarket buying and selling.
Here’s what the corporate reported in contrast with what Wall Street was anticipating, primarily based on a survey of analysts by LSEG, previously referred to as Refinitiv:
- Earnings per share: $1.84 adjusted vs. $1.70 anticipated
- Revenue: $21.44 billion vs. $21.48 billion anticipated
P&G reported fiscal second-quarter internet earnings attributable to the corporate of $3.47 billion, or $1.40 per share, down from $3.93 billion, or $1.59 per share, a 12 months earlier.
Excluding objects, the corporate earned $1.84 per share.
Net gross sales rose 3% to $21.44 billion.
This story is growing. Please examine again for updates.