Procter & Gamble Beats Q3 Estimates, Boosts 2019 Guidance, as Organic Sales Rise
Procter & Gamble posted better-than-expected third quarter earnings Tuesday and boosted its full-year sales and cash flow guidance.
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Procter & Gamble said core earnings for the three months ending in March came in at $1.06 per share, up 6% from the same period last year and 2 cents ahead of the consensus forecast. Group sales, the company said, rose 1.22% to $16.5 billion and topped the Street forecast of $16.37 billion. Organic sales rose 5% from last year, the company said, but it also noted that its core operating margin shrank to 19.9%.
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https://www.thestreet.com/investing/earn...yptr=yahoo
Procter & Gamble posted better-than-expected third quarter earnings Tuesday and boosted its full-year sales and cash flow guidance.
...
Procter & Gamble said core earnings for the three months ending in March came in at $1.06 per share, up 6% from the same period last year and 2 cents ahead of the consensus forecast. Group sales, the company said, rose 1.22% to $16.5 billion and topped the Street forecast of $16.37 billion. Organic sales rose 5% from last year, the company said, but it also noted that its core operating margin shrank to 19.9%.
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https://www.thestreet.com/investing/earn...yptr=yahoo
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