Procter & Gamble Raises Full-Year EPS Forecast, Shares Soar

Procter & Gamble Q2 Financial Results Exceed EPS Estimates, But Fall Slightly Short on Revenue

Procter & Gamble (P&G), the consumer goods giant, recently announced its financial results for the second quarter of fiscal year 2024. The company reported non-GAAP EPS (earnings per share) of $1.84, surpassing expectations, but missed revenue estimates by $60 million. Nevertheless, P&G’s stock price saw a significant surge of nearly 5%.