Procter & Gamble (NYSE:PG) Reports Q2 In Line With Expectations

From “StockStory”:

Proctor & Gamble (NYSE:PG) reported Q2 FY2024 results in line with analysts’ expectations, with revenue up 3.2% year on year to $21.44 billion and a non-GAAP profit of $1.84 per share. Analysts expected $21.5 billion in revenue and $1.70 per share in profit. Proctor & Gamble’s Q2 Highlights: Market Capitalization: $348.5 billion, Free Cash Flow: $4.28 billion, Organic Revenue up 4%. Sales Volumes down 1%. Consumer habits have shifted, benefiting some companies. Proctor & Gamble’s volume and organic growth missed expectations, leading to a slight revenue miss. The stock currently trades at $149.35 per share.



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