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Procter & Gamble Beats Market Expectations for Quarterly Profit and Revenue

The Wall Street Journal +5 ·

PG Procter & Gamble Co
$156.84 -1.56%
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  1. 1P&G shares are up more than 2% in premarket trading.
  2. 2P&G's first quarter net income was $4.73 billion with earnings per share of $1.97.
  3. 3P&G's net income for the same period last year was $4.75 billion.

So what's the key point?

Procter & Gamble earned more money than experts expected. The stock price is rising by more than 2% as the market pays attention.

Source The Wall Street Journal +5 · View original ↗

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