P&G Stock Reaction Expected To Stay Muted After Mixed Q2

Procter & Gamble Company (NYSE:PG) shares rose Thursday after the consumer goods giant posted a modest earnings beat, even as revenue came in slightly below expectations and the company trimmed its longer-term profit outlook.The company reported second-quarter adjusted earnings of $1.88 per share, topping the Street's $1.86 estimate. Quarterly sales totaled $22.21 billion, falling just short of the $22.28 billion consensus forecast.P&G also lowered its fiscal 2026 GAAP earnings guidance, cutting its EPS ou ...