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Mike Blake | Reuters
Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations.
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 recognized as Refinitiv:
- Earnings per share: $1.83 vs. $1.72 anticipated
- Revenue: $21.87 billion vs. $21.58 billion anticipated
The firm earned $1.83 per share.
Net gross sales rose 6% to $21.87 billion.