Procter & Gamble reported Q3 EPS of $1.52, higher than expected, and updated FY 2024 guidance to 6.490-6.550 EPS.
Procter & Gamble (P&G) reported Q3 earnings that exceeded expectations, with $1.52 earnings per share (EPS) compared to the consensus estimate of $1.42. The firm's revenue was $20.20 billion, just below the $20.43 billion analysts predicted. Despite the slight miss in revenue, P&G updated its FY 2024 guidance to 6.490-6.550 EPS. The company's return on equity was 34.04% and net margin was 17.60%.
April 19, 2024
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