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Procter&Gamble announced earnings per share of $1.17 on revenue of $17.21B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $17.2B. That with comparison to EPS of $1.06 on revenue of $16.46B in the same period a year before. Procter&Gamble had reported EPS of $1.42 on revenue of $18.24B in the previous quarter. Analysts are expecting EPS of $1.08 and revenue of $17.15B in the upcoming quarter.
Procter&Gamble shares are down 2.72% from the beginning of the year , still down 5.14% from its 52 week high of $128.09 set on February 6. They are outperforming the Dow 30 which is down 17.81% year to date.
Procter&Gamble’s report follows an earnings beat by Constellation Brands B on April 7, who reported EPS of $2.06 on revenue of $1.9B, compared to forecasts EPS of $1.64 on revenue of $1.84B.
McCormick & Comp had beat expectations on March 31 with first quarter EPS of $1.08 on revenue of $1.21B, compared to forecast for EPS of $1.03 on revenue of $1.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
