Company News: Procter & Gamble (PG) Q3 profit beats expectations

Market news

23 October 2015

Company News: Procter & Gamble (PG) Q3 profit beats expectations

Procter & Gamble reported Q3 earnings of $0.98 per share (versus $1.07 in Q3 FY 2014), beating analysts' consensus of $0.94.

The company's revenues amounted to $16.527 bln (-12% y/y), missing consensus estimate of $16.984 bln.

PG rose to $76.3. (+1.94%) in pre-market trading.

Contractual wages and salaries per hour in Italy are flat in September

Foreign exchange market. European session: the euro traded lower against the U.S. dollar despite the positive economic data from the Eurozone

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