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Procter & Gamble tops analysts’ estimate for earnings in the third quarter

Procter & Gamble tops analysts’ estimate for earnings in the third quarter
Wajeeh Khan
Apr 17, 2020, 08:39 AM
  • P&G generates £13.79 billion in revenue in Q3 and makes 94 pence of earnings per share.
  • Procter & Gamble posts a 10% increase in its U.S sales as consumers stockpiled essential items.
  • The consumer goods corporation raised its quarterly dividend by 6% earlier this week.

Procter & Gamble (NYSE: PG) released its quarterly financial results on Friday that posted a 10% increase in sales in the United States as consumers stockpiled essential items ahead of the Coronavirus restrictions.