Procter&Gamble Earnings inline, Revenue Beats In Q2

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Procter&Gamble announced earnings per share of $1.66 on revenue of $20.95B. Analysts polled by Investing.com anticipated EPS of $1.66 on revenue of $20.34B.

Procter&Gamble shares are down 4.19% from the beginning of the year, still down 5.20% from its 52 week high of $165.32 set on January 5. They are broadly in line with the S&P 500 which is down 3.96% from the start of the year.

Procter&Gamble’s report follows an earnings beat by Constellation Brands B on January 6, who reported EPS of $3.12 on revenue of $2.32B, compared to forecasts EPS of $2.75 on revenue of $2.28B.

Walgreens Boots had beat expectations on January 6 with first quarter EPS of $1.68 on revenue of $33.9B, compared to forecast for EPS of $1.36 on revenue of $32.88B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar