P&G raises full-year outlook in mixed Q3 earnings results

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Equity Research Filippo Falorni Notizia

Procter & Gamble,Revenue Estimates

Procter & Gamble (PG), which produces a variety of cleaning and personal hygiene products, posted mixed fiscal third-quarter earnings on Friday. While...

), which produces a variety of cleaning and personal hygiene products, posted mixed fiscal third-quarter earnings on Friday. While topping earnings estimates with gains of $1.52 per share, P&G fell below its revenue estimates for the quarter.

"Most of these companies, including Procter... have taken significant prices over the last two years to offset the big commodity inflation of really late 2021 and 2022," Falorni says."Now, commodities have been more favorable throughout last year and this year, so there's really a lot less room for them to take implemental pricing."An FAQ on the Truth Social owner’s website gave stockholders multiple ways to avoid their shares being lent to short sellers.

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