'Death Cross,' growth abroad threaten U.S. dollar
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January 24, 2020 8:00 AM EST
Stifel analyst Mark Astrachan reiterated a Hold rating and $119.00 price target on Procter & Gamble (NYSE: PG) following the company's 2Q earnings report. P&G grew organic sales by 5%, comprised of 3% volume growth, 1% mix, and 1% price. P&G reported solid organic growth in its two... More
January 23, 2020 7:02 AM EST
Procter & Gamble (NYSE: PG) reported Q2 EPS of $1.42, $0.05 better than the analyst estimate of $1.37. Revenue for the quarter came in at $18.2 billion versus the consensus estimate of $18.37 billion.
We delivered another strong quarter of organic sales growth, core earnings per share and cash returned to shareowners, said David Taylor, Chairman, President and Chief Executive Officer. Our strong first half results enable us to further increase our outlook for the full fiscal year across each of these metrics and to increase our commitment of cash return to shareowners. Our focus... More
January 22, 2020 1:47 PM EST
Susquehanna options strategist Alison Edwards notes call buying activity in Procter & Gamble (NYSE: PG), as an investor bought 4k of next weeks Jan31 127 Calls for up to $1.49, implying an upside bias ahead of next Fridays expiration (1/31/20). PG reports tomorrow, while other key... More
