P&G and Morgan Stanley Earnings Help Stocks Reverse
19 Gennaio 2022 - 03:56PM
TipRanks
Robust earnings reports from Procter & Gamble Company (PG) and
Morgan Stanley (MS) helped Wall Street reverse course on Tuesday
following yesterday’s sell-off. Procter & Gamble's Results
Procter & Gamble Company reported solid second-quarter fiscal
year 2022 results that beat analyst estimates both on the top and
the bottom line. Net sales came at $21.0 billion, an annual rise of
6%. Diluted net EPS was $1.66, up 13% from last year. “We delivered
strong top-line growth and made sequential progress on earnings in
the face of significant cost headwinds,” said Jon Moeller,
President and Chief Executive Officer.
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Grafico Azioni Procter and Gamble (NYSE:PG)
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