Procter & Gamble (PG) falls on earnings forecast

{ Posted on Jan 30 2009 by Michael Fowlkes }
Categories : All, BloggingStocks

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Consumer products maker Procter & Gamble (NYSE: PG) is falling today after the company announced earnings this morning, and lowered its full year 2009 forecast.

Going into this morning's earnings release, analysts had been expecting to see the company show earnings of $1.58 per share for its fiscal 2009 second quarter. While the company was able to post $1.58 for the quarter, earnings from continuing operations missed, with a reported $0.94 per share, short of analyst estimates for $0.99 a share.

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Procter & Gamble (PG) falls on earnings forecast originally appeared on BloggingStocks on Fri, 30 Jan 2009 11:50:00 EST. Please see our terms for use of feeds.

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