Shares of Tide and Pampers parent Procter & Gamble rose Wednesday after the consumer goods giant posted fiscal 2025 second-quarter net sales that topped Wall Street estimates.
Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.
Nasdaq led gains on Wall Street as investors responded positively to Netflix's strong performance and President Trump's AI infrastructure plan. Procter & Gamble also posted gains, while tariff threats loom.
Procter & Gamble shares rose in premarket trading after Q2 FY25 earnings exceeded expectations. The company reported a 2% sales growth to $21.9 billion, surpassing the analyst estimate. Organic sales increased by 3%,
Looking at the year-to-date (YTD) performance, Procter & Gamble’s stock is down by -0.39%. In comparison, the S&P 500 index has gained +3.08% in the same period, highlighting the challenging market environment P&G is navigating.
We recently published a list of 10 Stocks Expected To Post Impressive Earnings This Week. In this article, we are going to take a look at where The Procter & Gamble Company (NYSE:PG) stands against other stocks expected to post impressive earnings this week.
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to add to the gains posted in
The organic sales gain included a 3% increase for the Health Care segment. Oral Care organic sales increased low single digits, driven by product mix from premium innovation. Personal Health Care organic sales increased low single digits due to volume growth and pricing, partially offset by unfavorable product mix.
Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence.
Analysts expect the company to report second-quarter earnings per share of $1.86, up slightly from last year's second quarter total of $1.84. The company has beaten analyst estimates in seven straight quarters and eight of the last 10 quarters overall.
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