P&G beats profit forecasts and revenue in the third fiscal quarter

São Paulo — Procter & Gamble (P&G) recorded a net profit of $ $2.776 billion in your third fiscal quarter, or $ $1.04 per share, up from $ $2.54 billion, or $ $0.95 per share, recorded in the same period last year. Adjusted earnings per share stood at $ $1.06, surpassing analysts ' forecast of $ $1.03 ears by FactSet. Net sales of P&G increased by 1% over the same period of comparison, the $ $16.462 billion, also above the projection of FactSet, $ $16.364 billion. Despite the positive results, the P&G has a little encouraging perspective for sales at the close of the fiscal year 2019, providing high stability of up to 1%. At 8:34 (), P&G's action was take downtown 0.20% in the pre-market business in New York.