Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Procter & Gamble Beats Q1 Earnings Estimates
Description
Proctor & Gamble ($PG@US) posted its fiscal third-quarter earnings on Friday that beat analyst expectations. Earnings per share came in at $1.37 versus the $1.32 expected, and revenue came in at $20.07 billion versus the $19.32 billion expected. The consumer goods conglomerate’s volume declined by 3 percent as consumers opted for more budget-friendly alternatives. Prices rose by 10 percent across its entire range of products. P&G saw its fourth consecutive quarter of decreasing volume. With the exception of its health and beauty units, all of its divisions reported a decline in volume for the quarter. However, higher prices helped offset lower demand for its products.
Keywords & Tags
#earnings
#business
#earnings season
#analysts
#beat estimates
#consumer goods
#profit
#analyst estimates
#annual report
#quarterly report
#higher prices
#revenue
#finance
#Earnings Per Share
#Procter Gamble Beats Q1 Earnings Estimates
#Proctor Gamble
#fiscal third-quarter earnings
#lower demand
#health and beauty
#budget-friendly alternatives
#volume decline
More from User
00:55
Apple Hikes Incoming
Benzinga
00:58
Trump Settles Niece Lawsuit
Benzinga
00:58
House Eyes Airline Rules
Benzinga
00:57
Intel-Apple Deal
Benzinga
00:50
Senate Targets Buybacks
Benzinga
00:58
CarMax Stock Sinks
Benzinga
Related Videos
00:40
Goldman Sachs Beats Analyst Estimates with Q3 Earnings Estimates
Benzinga
00:37
Snowflake Q1 Earnings: Revenue, EPS Beat Estimates, AI Data Cloud Company Sees 25% Growth Ahead
Benzinga
04:07
Microsoft Q1 Earnings Highlights: 'AI-Driven Transformation Is Changing Work,' Company Beats Revenue, EPS Estimates
Benzinga
13:03
Apple Q1 Earnings Beat Estimates As The Company Snaps 4-Quarter Revenue Decline Streak; Stock Slides On China Weakness
Benzinga
19:05
Hindalco Q1 earnings: Margins beats estimates
ET NOW
00:44
Zillow Q1 Earnings Beat, Q2 Guidance Below Estimates, Shares Fall
Benzinga