Procter & Gamble Q1 Adj. EPS $1.83 Beats $1.71 Estimate, Sales $21.87B Beat $21.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Procter & Gamble (NYSE:PG) reported Q1 earnings of $1.83 per share, beating the analyst consensus estimate of $1.71 by 7.02%. This is a 16.56% increase from the same period last year. The company also reported quarterly sales of $21.87 billion, beating the analyst consensus estimate of $21.67 billion by 0.94%. This is a 6.11% increase from the same period last year.
October 18, 2023 | 10:56 am
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POSITIVE IMPACT
Procter & Gamble's Q1 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Procter & Gamble's Q1 earnings and sales exceeded analyst estimates, which is a positive signal for the company's financial performance. This could lead to increased investor confidence and potentially a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100