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via finance.yahoo.comBusiness & Companies

P&G tops estimates in fiscal Q1 with higher earnings and revenue

FROM THE WIRE · FINANCE.YAHOO.COM

CINCINNATI (AP) — CINCINNATI (AP) — Procter & Gamble Co. (PG) on Thursday reported fiscal first-quarter net income of $4.73 billion. On a per-share basis, the Cincinnati-based company said it had profit of $1.97. Earnings, adjusted for restructuring costs, came to $2 per share.…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above Wall Street estimates for a large consumer goods group could support the share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Fiscal first-quarter net income was 4.73 billion dollars, or 1.97 dollars per share.
  2. 02Adjusted earnings were 2 dollars per share against an estimate of 1.89 dollars.
  3. 03Revenue reached 23.28 billion dollars against expectations of 22.71 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
The Procter & Gamble CompanyPGStock157.00 USDMarket closedtoday -1.46%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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