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Benzinga

Business

Adam Eckert

Why Procter & Gamble Shares Are Rising Today

Procter & Gamble NYSE PG

Procter & Gamble Co (NYSE:PG) is trading higher Wednesday after the company announced better-than-expected fiscal second-quarter 2022 financial results and issued guidance.

Procter & Gamble reported quarterly earnings of $1.66 per share, which beat the estimate of $1.65 per share. The company reported quarterly revenue of $20.95 billion, which beat the estimate of $20.34 billion.

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