Consumer goods major The Procter & Gamble Company (NYSE: PG) reported mixed results for the fourth quarter ended June 30, 2022. Although revenues surpassed the estimates, earnings failed to do so. Consequently, shares of the company declined by almost 6%. Revenue, Earnings Rise Procter & Gamble reported quarterly net sales of $19.52 billion, up 3% from the previous year. Further, the figure topped the consensus estimate of $19.40 billion. The company’s earnings per share (EPS) for the quarter came in at $1.21, which denotes a growth of 7% from the year-ago quarter. Yet, the figure missed the consensus estimate of $1.22 per share.
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