Investing.com - Procter&Gamble (NYSE:PG) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Procter&Gamble announced earnings per share of $1.17 on revenue of $17.21B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $17.2B. That with comparison to EPS of $1.06 on revenue of $16.46B in the same period a year before.Procter&Gamble had reported EPS of $1.42 on revenue of $18.24B in the previous quarter.Analysts are expecting EPS of $1.08 and revenue of $17.15B in the upcoming quarter.
Procter&Gamble shares are down 2.72% from the beginning of the year and are trading at $121.50 , down-from-52-week-high.They are outperforming the Dow 30 which is down 17.81% year to date.
Procter&Gamble follows other major Consumer/Non-Cyclical sector earnings this month
Procter&Gamble's report follows an earnings beat by Constellation Brands B on Tuesday, April 7, 2020, who reported EPS of $2.06 on revenue of $1.9B, compared to forecasts EPS of $1.64 on revenue of $1.84B.
McCormick & Comp had beat expectations on Tuesday, March 31, 2020 with first quarter EPS of $1.08 on revenue of $1.21B, compared to forecast for EPS of $1.03 on revenue of $1.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar