Company News: Procter & Gamble (PG) met expectation on EPS but missed on revenue

Market news

23 April 2015

Company News: Procter & Gamble (PG) met expectation on EPS but missed on revenue

Company reports Q3 earnings of $0.92 per share (in line with consensus). Revenues fell 7.6% year/year to $18.14 bln versus $18.42 bln consensus.

PG fell to $80.84 (-2.71%) on the premarket.

U.S.: Initial Jobless Claims, April 295K (forecast 290)

Foreign exchange market. European session: the euro traded higher against the U.S. dollar despite the weaker-than-expected PMIs from the Eurozone

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