Key Takeaways
Procter & Gamble is projected to report a 4% jump in revenue for the second quarter, but net income is forecast to dip 0.8%.The consumer product maker has reported better-than-expected earnings in the past two quarters as higher prices have boosted revenue.Analysts forecast a slight uptick in earnings-per-share to come in at $1.59.
Analysts expect Procter & Gamble (PG) will report a drop in income in its quarterly earnings on Tuesday, as the consumer product maker looks…
Read More…
Source: https://www.investopedia.com/p-and-g-expected-to-report-lower-income-despite-revenue-gains-8546484