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Procter&Gamble announced earnings per share of $1.63 on revenue of $19.32B. Analysts polled by Investing.com anticipated EPS of $1.41 on revenue of $18.33B.
Procter&Gamble shares are up 13.62% from the beginning of the year, still down 2.71% from its 52 week high of $145.87 set on October 16. They are outperforming the Dow Jones which is down 1.2% from the start of the year.
Procter&Gamble’s report follows an earnings beat by PepsiCo on October 1, who reported EPS of $1.66 on revenue of $18.09B, compared to forecasts EPS of $1.49 on revenue of $17.21B.
Philip Morris had beat expectations on Tuesday with third quarter EPS of $1.42 on revenue of $7.45B, compared to forecast for EPS of $1.36 on revenue of $7.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
