— Procter & Gamble (NYSE: PG) reported core earnings of $1.42 per share for the second quarter of 2020, vs. $1.37 per share expected.
— Net earnings attributable to P&G were $3.72 billion or $1.41 per share, compared to $3.19 billion or $1.22 per share in the second quarter of 2019
— Sales rose 5% to $18.24 billion vs. $18.3 billion expected
— P&G raised its fiscal 2020 guidance for core earnings per share growth from a range of 5-10% to a range of 8-11% versus fiscal 2019
— Expects to pay over $7.5 billion in dividends and repurchase $7 billion to $8 billion of common shares in fiscal 2020
— PG stock was trading down about 2% in the pre-market trading session
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06