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Maroc Maroc - WN.COM - Americas - 24/Oct 15:37

Procter & Gamble shares surge after Q1 results beating expectations

Procter & Gamble (NYSE: PG) reported stronger-than-expected fiscal first-quarter earnings and revenue on Friday, driven by higher demand for its beauty and grooming products. The consumer goods giant managed to outperform Wall Street’s expectations even as it faced increased costs from tariffs and a challenging global environment. Shares of P&G rose as much as 4% in premarket trading following the report. The company reiterated its full-year outlook for sales and earnings, reflecting steady confidence in its underlying business despite ongoing economic headwinds.Earnings and revenue surpass estimates For the...

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