Investing.com - Procter&Gamble (NYSE:PG) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Procter&Gamble announced earnings per share of $1.16 on revenue of $17.70B. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $16.96B.
Procter&Gamble shares are down 2% from the beginning of the year and are trading at $128.31 , down-from-52-week-high.They are under-performing the Nasdaq which is up 17.5% 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 Coca-Cola on Tuesday, July 21, 2020, who reported EPS of $0.42 on revenue of $7.2B, compared to forecasts EPS of $0.4 on revenue of $7.21B.
PepsiCo had beat expectations on Monday, July 13, 2020 with second quarter EPS of $1.32 on revenue of $15.95B, compared to forecast for EPS of $1.25 on revenue of $15.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar