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<Results> Procter & Gamble (PG.US) 3Q Revenue Up 7%, Beats; Shares Rise 3% Pre-market
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Procter & Gamble (PG.US) announced that net profit for the third fiscal quarter rose 4% YoY to USD3.93 billion. Adjusted EPS was USD1.59, slightly above market expectations of USD1.56. Revenue increased 7% to USD21.24 billion, also beating expectations. The stock rose 3% in pre-market trading. During the quarter, sales volume grew 2%, marking the companys first overall volume growth in a year. Among segments, the Beauty division recorded a 5% increase in volume, while Personal Care and Health Care both saw a 2% decline in volume. The company reiterated its full-year sales growth guidance, expecting an increase of between 1% and 5%, and projected EPS growth of between 1% and 6%. (sw/m) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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