In this photo illustration, Pantene and Head & Shoulders hair care products are on display in San Anselmo, California on July 28, 2023.
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Procter It reported mixed quarterly results on Friday, but raised its full-year profit forecast.
The company’s shares rose less than 1% in premarket trading.
The company’s report compared with Wall Street expectations, according to a survey of analysts by London Stock Exchange Group (LSEG):
- Earnings per share: $1.52, $1.41 expected
- Revenue: $20.2 billion, $20.41 billion expected
Procter & Gamble reported third-quarter net income attributable to the company of $3.75 billion, or $1.52 per share, up from $3.4 billion, or $1.37 per share, in the same period last year.
Net sales rose 1% to $20.41 billion.
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