Investing.com - Procter&Gamble (NYSE:PG) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.06 on revenue of $16.46B. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $16.35B. That compared to EPS of $1 on revenue of $16.28B in the same period a year earlier. The company had reported EPS of $1.25 on revenue of $17.44B in the previous quarter.
For the year, Procter&Gamble shares are up 10.83%, under-performing the S&P 500 which is up 17.4% year to date.
Procter&Gamble follows other major Consumer/Non-Cyclical sector earnings this month
On Tuesday, Coca-Cola reported first quarter EPS of $0.48 on revenue of $8.02B, compared to forecasts of EPS of $0.46 on revenue of $7.89B.
PepsiCo earnings beat analyst's expectations on Wednesday, April 17, 2019, with first quarter EPS of $0.97 on revenue of $12.88B. Investing.com analysts expected EPS of $0.92 on revenue of $12.66B
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