Daily Market Updates: Procter & Gamble EPS tops estimates as revenue falls short

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Procter & Gamble EPS tops estimates as revenue falls short

The company said revenue missed expectations even though its volume stayed unchanged, according to CNBC.

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Procter & Gamble reported quarterly results in which its earnings per share came in above Wall Street estimates, but revenue failed to meet expectations, CNBC reports.

According to the outlet, the revenue miss occurred alongside unchanged volume, pointing to a top-line shortfall not driven by changes in unit volumes.

CNBC Earnings also cited the same pattern, with P&G beating on EPS while revenue came in below consensus.

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CNBC MarketsProcter & Gamble revenue misses estimates as volume stays unchanged

CNBC EarningsProcter & Gamble revenue misses estimates as volume stays unchanged

Earnings

Procter & Gamble EPS tops estimates as revenue falls short

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