Procter & Gamble Q3 2024 Core EPS $1.52 Beats $1.41 Estimate, Sales $20.195B Miss $20.408B Estimate
Portfolio Pulse from Benzinga Newsdesk
Procter & Gamble (PG) reported Q3 2024 earnings with a Core EPS of $1.52, surpassing the $1.41 estimate, but sales of $20.195B fell short of the $20.408B forecast, marking a slight 0.63% increase from the previous year.
April 19, 2024 | 10:55 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Procter & Gamble's Q3 2024 earnings exceeded EPS estimates but missed on sales forecasts, showing a slight year-on-year growth.
While PG's earnings per share exceeded expectations, the miss on sales forecasts could temper investor enthusiasm, leading to a neutral short-term impact on the stock price. The slight year-on-year sales growth indicates stability but may not be sufficient to drive significant positive sentiment in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100