Shares of Procter & Gamble were higher in early afternoon trading on Friday after reporting a top and bottom line beat this morning for its 2017 second quarter. “The best earnings report that we got this morning is from Procter & Gamble,” TheStreet’s Jim Cramer said on CNBC’s “Squawk on the Street” on Friday morning.
Category: Procter and Gamble
Procter & Gamble Shares Rise On Second-quarter Earnings Beat
Procter & Gamble shares rose 1.9% in pre-market trade Friday after the consumer goods company beat second-quarter expectations. Earnings for the latest quarter rose to $7.9 billion, or $2.88 per share, from $3.2 billion, or $1.12 per share.
Sell Dow Stocks Coke And Procter & Gamble, Says Goldman Sachs
The stocks of Coca-Cola Co. and Procter & Gamble Co. , both components of the Dow Jones Industrial Average , both slumped about 1% in morning trade Monday, after Goldman Sachs analysts turned bearish on the consumer staples giants.
Procter & Gamble Is Poised for a Rebound
Procter & Gamble shares have been stuck in a fairly tight range for the last four weeks. As December begins, the stock is showing signs of improvement and may be on the verge of a breakout from the current consolidation.
3 Reasons Procter & Gamble Co. Stock Could Jump in 2017
Their stock badly trailed the market as P&G posted its third-straight fiscal year of slowing sales growth and declining gross profit. Income investors weren’t spared the pain, either.