Procter & Gamble earnings, sales top estimates, shares jump

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

España Noticias Noticias

España Últimas Noticias,España Titulares

Procter & Gamble earnings are coming before the bell — here's what the Street expects

CEO David Taylor said the company has been improving its market share for eight consecutive quarters.

Still, Wall Street will likely want reassurance that the U.S. consumer is still upbeat, amid continued trade tensions with China.the U.S. consumer "remains strong" despite global economic growth fears and the trade war. Wall Street will also expect an update on P&G's Gillette shaving business, which has been hurt by currency devaluations and new competition, like Harry's and Unilever's Dollar Shave Club. P&G last quarter wrote down the value of the Gillette brand by $8 billion.

As of Monday's close, P&G shares are up nearly 30% year-to-date, boosting its market value to $298 billion.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Why is Ylan Mui chasing Mark Zuckerberg down the halls of Congress pelting him with him unanswered questions like he’s some kind of child murderer? You don’t do it to anyone else, you should stop it

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

European shares fall amid earnings deluge; Reckitt slides on outlook cutEuropean shares fell on Tuesday as investors sifted through a mixed bag of corpo... Earnings being revised down, if German economy really is in a recession...
Fuente: Reuters - 🏆 2. / 97 Leer más »