Procter & Gamble on Thursday reported mixed quarterly results.
Shares of the company fell 1% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $1.42, adjusted, vs. $1.37 expected
- Revenue: $18.24 billion vs. $18.37 billion expected
Excluding items, the consumer giant earned $1.42 per share, topping the $1.37 per share expected by analysts surveyed by Refinitiv.
Net sales rose 5% to $18.24 billion, falling short of expectations of $18.37 billion.