Investing.com - Procter&Gamble (NYSE:PG) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.25 on revenue of $17.44B. Analysts polled by Investing.com anticipated EPS of $1.21 on revenue of $17.16B. That compared to EPS of $1.19 on revenue of $17.40B in the same period a year earlier. The company had reported EPS of $1.12 on revenue of $16.69B in the previous quarter.
For the year, Procter&Gamble shares are down 1.61%, under-performing the Dow 30 which is up 5.83% year to date.
Procter&Gamble follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, January 9, 2019, Constellation Brands B reported third quarter EPS of $2.37 on revenue of $1.97B, compared to forecasts of EPS of $2.06 on revenue of $1.91B.
Lamb Weston Holdings earnings beat analyst's expectations on Friday, January 4, 2019, with second quarter EPS of $0.8 on revenue of $911.4M. Investing.com analysts expected EPS of $0.72 on revenue of $897.08M
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