Procter & Gamble Tops Estimates but Trims Fiscal-Year Sales Outlook




Procter & Gamble


reported fiscal first-quarter earnings and sales that beat analysts’ estimates but the consumer goods giant warned that fiscal-year earnings would be at the low end of the company’s forecast. P&G blamed the stronger dollar and rising inflation.

The stock was rising 1.8% in premarket trading.



Source link


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *