Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
PGP&G(PG) CNBC·2024-10-18 19:14

In this articleBoxes of Bounce dryer sheets owned by the Procter & Gamble company are seen on a store shelf on October 20, 2020 in Miami, Florida.Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.Shares of the company were flat in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.93 adjusted vs. $1.90 expectedRevenue: $21.74 billion vs ...