Procter&Gamble Earnings, Revenue beat in Q3 By Investing.com

Procter&Gamble reported on Tuesday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Procter&Gamble announced earnings per share of $1.26 on revenue of $18.11B. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $17.96B.

Procter&Gamble shares are up 10% from the beginning of the year and are trading at $136.61 , down-from-52-week-high.They are under-performing the S&P 500 which is up 10.84% from the start of the year.

Procter&Gamble follows other major Consumer/Non-Cyclical sector earnings this month

Procter&Gamble’s report follows an earnings beat by Coca-Cola on Monday, who reported EPS of $0.55 on revenue of $9B, compared to forecasts EPS of $0.5034 on revenue of $8.63B.

PepsiCo had beat expectations on Thursday with first quarter EPS of $1.21 on revenue of $14.82B, compared to forecast for EPS of $1.12 on revenue of $14.55B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar