Procter & Gamble tops earnings, revenue estimates even as higher prices drive some consumers away

The company's volume fell for the sixth consecutive quarter.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:P&G reported fiscal first-quarter net income attributable to the company of $4.52 billion, or $1.83 per share, up from $3.94 billion, or $1.57 per share, a year earlier.

The company's baby, feminine and family care segment reported its volume fell 3%. The division includes brands like Pampers and Bounty.The company's fabric and home care business saw its volume shrink 1%, even as customers bought more of its premium cleaning products, which include Swiffer and Cascade.

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Procter & Gamble is about to report earnings. Here's what to expectProcter & Gamble's shares have fallen 3.7% this year, dragging its market value down to $344 billion.
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Procter & Gamble is about to report earnings. Here's what to expectProcter & Gamble’s shares have fallen 3.7% this year, dragging its market value down to $344 billion.
مصدر: NBCDFW - 🏆 288. / 63 اقرأ أكثر »

Procter & Gamble earnings are out – Here are the numbersProcter & Gamble’s shares have fallen 3.7% this year, dragging its market value down to $344 billion.
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Procter & Gamble tops earnings, revenue estimates even as volume falls againProcter & Gamble’s shares have fallen 3.7% this year, dragging its market value down to $344 billion.
مصدر: NBCDFW - 🏆 288. / 63 اقرأ أكثر »

Procter & Gamble’s stock up after earnings beat estimatesCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
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Procter & Gamble earnings: What to expectP&G is expected to report higher profit and revenue for its fiscal first quarter
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