Procter & Gamble beats and raises its forecast (PG)
|04/23/2019||Posted by BusinessMediaguide.Com under General World News||
- Procter & Gamble beat on both the top and bottom lines.
- The consumer-goods maker raised its full-year guidance for organic sales growth.
- Shares were little changed following the results.
- Watch Procter & Gamble trade live.
Procter & Gamble reported third-quarter results on Tuesday morning that beat on both the top and bottom lines and raised its full-year organic-sales forecast, but shares were trading little changed near $105.50 ahead of the opening bell.
The consumer-goods maker reported core earnings of $1.06 a share on net sales of $16.5 billion, topping the $1.03 and $16.36 billion that analysts surveyed by Bloomberg were expecting. An read more >>>