Market News

Procter & Gamble Delivers Better-Than-Expected Q1 Earnings

The Proctor & Gamble Co. (NYSE: PG), the consumer goods company announced fiscal Q1 results with revenues of $20.6 billion, up by only 1% year-over-year, beating Street estimates by $240 million.

Adjusted net earnings came in at $1.57 per share, down by 2% year-over-year but still ahead of the consensus forecast of $1.55 per share.

Jon Moeller, Chairman of the Board, President, and CEO commented, “We delivered solid results in our first quarter of fiscal 2023 in a very difficult cost and operating environment. These results enable us to maintain our guidance ranges for organic sales and EPS growth for the fiscal year despite continued significant headwinds.”

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More