Procter & Gamble Stock Slides as Fiscal 2023 Forecast Misses Estimates | Barron's

2022-07-30 04:09:30 By : Mr. Devlin Zhang

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https://www.barrons.com/articles/procter-gamble-stock-price-earnings-51659031744

Procter & Gamble reported fiscal fourth-quarter earnings of $1.21 a share, missing analysts’ estimates by 1 cent, and issued a fiscal-year forecast that also missed expectations.

Shares of Procter & Gamble (ticker: PG), which makes Tide detergent, Pampers diapers and Crest toothpaste, fell 5.5% on Friday to $139.94. The stock has declined 14.5% this year.

Procter & Gamble reported fiscal fourth-quarter earnings of $1.

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