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Procter&Gamble Earnings, Revenue Beat in Q2 By

Published: in FINANCE by .

© Reuters.  Procter&Gamble Earnings, Revenue Beat in Q2

© Reuters. Procter&Gamble Earnings, Revenue Beat in Q2 – Procter&Gamble reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations.

Procter&Gamble announced earnings per share of $1.64 on revenue of $19.75B. Analysts polled by anticipated EPS of $1.51 on revenue of $19.24B.

Procter&Gamble shares are down 3.98% from the beginning of the year, still down 8.94% from its 52 week high of $146.72 set on November 9, 2020. They are under-performing the Dow Jones which is up 1.06% from the start of the year.

Procter&Gamble follows other major Consumer/Non-Cyclical sector earnings this month

Procter&Gamble’s report follows an earnings beat by Constellation Brands A on January 7, who reported EPS of $3.09 on revenue of $2.44B, compared to forecasts EPS of $2.42 on revenue of $2.23B.

Constellation Brands B had beat expectations on January 7 with third quarter EPS of $3.09 on revenue of $2.44B, compared to forecast for EPS of $2.41 on revenue of $2.23B.

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