Procter & Gamble (PG) Tops Q1 EPS by 53c, Revenues Beat

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Procter & Gamble (PG) Stock Falls Despite Topping F1Q Estimates, Raises Inflation Forecast, Analyst Expects Accelerating Sales and EPS Through F2022

October 19, 2021 9:33 AM EDT

Procter & Gamble (NYSE: PG) reported better-than-expected FQ1 results, but shares are trading about 2% lower in todays trading session.

Procter & Gamble delivered a Q1 EPS of $1.61 to smash the analyst consensus of $1.08. Revenue for the quarter rose 5% to $20.3 billion versus the consensus estimate of $19.91 billion.

We delivered solid results in our first quarter of fiscal 2022 in a... More