Procter&Gamble Earnings Miss, Revenue Beats In Q4
2022.07.29 14:38
Procter&Gamble Earnings Miss, Revenue Beats In Q4
Investing.com – Procter&Gamble reported on Friday fourth quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Procter&Gamble announced earnings per share of $1.21 on revenue of $19.52B. Analysts polled by Investing.com anticipated EPS of $1.23 on revenue of $19.37B.
Procter&Gamble shares are down 9.49% from the beginning of the year, still down 10.46% from its 52 week high of $165.35 set on January 21. They are outperforming the Dow Jones which is down 10.48% from the start of the year.
Procter&Gamble follows other major Consumer Staples sector earnings this month
Procter&Gamble’s report follows an earnings beat by Coca-Cola on Tuesday, who reported EPS of $0.7 on revenue of $11.33B, compared to forecasts EPS of $0.6693 on revenue of $10.54B.
PepsiCo had beat expectations on July 12 with second quarter EPS of $1.86 on revenue of $20.23B, compared to forecast for EPS of $1.74 on revenue of $19.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
