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Procter & Gamble (PG) shares slide as revenue misses analyst consensus estimate

July 30, 2024 7:06 AM EDT

(Updated - July 30, 2024 7:20 AM EDT)

Shares of Procter & Gamble (NYSE: PG) fell 2.6% premarket as the consumer goods giant reported a revenue miss in its fourth quarter despite posting a slight earnings per share (EPS) beat.

The company's Q4 EPS came in at $1.40, $0.03 above the analyst estimate of $1.37. However, revenue for the... More