Where Will Procter & Gamble Stock Be in 1 Year?
Procter & Gamble (NYSE: PG) posted its latest results on Jan. 19, slightly disappointing the market.
In the second quarter of its fiscal 2023, which ended on Dec. 31, the consumer-staples giant saw revenue dip 1% year over year to $20.77 billion, but that still beat analyst estimates by $50 million. Organic sales (which exclude currency fluctuations, acquisitions, and divestments) rose 5%.
Core earnings per share (EPS), which exclude one-time charges, slipped 4% to $1.59 but met analyst expectations. On a generally accepted accounting principles (GAAP) basis, its EPS also declined 4%.
Source Fool.com
