The Thrill Is Gone at Procter & Gamble: Trade These 2 Stocks Instead
On Thursday morning, consumer staples giant Procter & Gamble (PG) released the firm’s fiscal second quarter financial results.
For the three month period ended December 31st, Procter & Gamble posted GAAP EPS of $1.59 on revenue of $20.773B. While this performance was down from $1.66 on $20.953B for the year ago comps, the bottom line print did meet expectations, while the top line managed to beat Wall Street.
Unfavorable foreign exchange rates had a 6% negative impact on…