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Procter&Gamble Earnings, Revenue Beat in Q1 By Investing.com

by Mike Robinson

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© Reuters. Procter&Gamble Earnings, Revenue Beat in Q1

Investing.com – Procter&Gamble reported on Tuesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Procter&Gamble announced earnings per share of $1.61 on revenue of $20.34B. Investing.com polled analyst to predict EPS of 1.59 on revenues of $19.79B.

Procter&Gamble shares are up 17% from the beginning of the year, still down 3.32% from its 52 week high of $147.23 set on September 13. They are under-performing the S&P 500 which is up 19.45% from the start of the year.

Procter&Gamble follows other major Consumer/Non-Cyclical sector earnings this month

Procter&Gamble’s report follows an earnings beat by PepsiCo on October 5, who reported EPS of $1.79 on revenue of $20.19B, compared to forecasts EPS of $1.73 on revenue of $19.39B.

Philip Morris exceeded expectations with a $1.58 third quarter earnings per share on revenues of $8.12B. That compares with EPS forecasts of $1.56 for revenue of $7.92B.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar

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