Procter & Gamble Beats Earnings Estimates Amid Rising Costs from Iran Conflict
Procter & Gamble (PG) exceeded earnings estimates in its latest report, despite rising costs linked to the Iran conflict. The company reported a 7.4% increase in net sales to $21.24 billion, though some segments missed revenue growth expectations. The stock rose 3% in premarket trading.
Tickers: $PG
Topics: Costs Earnings Iran Conflict Margins Stock Performance