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Procter & Gamble (PG) earnings Q2 2020

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.

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