Shares of Procter & Gamble Co. dropped 1.2% in premarket trading Thursday, after the branded consumer goods company reported fiscal second-quarter profit...
Shares of Procter & Gamble Co. PG dropped 1.2% in premarket trading Thursday, after the branded consumer goods company reported fiscal second-quarter profit that matched expectations, but volume that fell more than some analysts had forecast. Net income fell to $3.93 billion, or $1.59 a share, from $4.22 billion, or $1.66 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.59 matched the FactSet consensus $1.59. Sales declined 0.9% to $20.
93 billion, or $1.59 a share, from $4.22 billion, or $1.66 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.59 matched the FactSet consensus $1.59. Sales declined 0.9% to $20.77 billion, the first year-over-year decline since the quarter ended June 2017, but just above the FactSet consensus of $20.73 billion.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More rain, gusty winds headed to central Pa. this week: forecastersRain could start to fall overnight Wednesday into Thursday, and last all of Thursday.
Read more »
Woman leaves 2 kids, dog in car to gamble at Pa. casino: policeA witness saw the 3-year-old boy and 9-year-old girl alone in the car, police said.
Read more »
5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
Read more »
A few strong storms possible Wednesday and ThursdayWe're not done with the severe weather yet. Another cold front could bring the potential for a few strong storms to parts of Alabama on Wednesday and Thursday. ➡️
Read more »
Trains, flights cancelled in France on Thursday in strike against pension reformMost trains will be cancelled in France on Thursday, with flights also affected and Paris' subway heavily disrupted, as part of a nationwide strike against the government's plan to make people work longer before they can retire.
Read more »