Procter & Gamble, the maker of Pampers diapers and Crest toothpaste, reported fourth-quarter earnings and sales Thursday that topped analysts' expectations.
EPS: 85 cents adjusted vs. a forecast for 78 cents adjusted
Revenue: $16.08 billion vs. an estimate of $16.02 billion
The consumer-packaged goods company has been focused on trimming its portfolio lately, eliminating unprofitable brands such as Clairol and Wella, and planning to save as much as $10 billion in costs over the next five years.
Source: Bloomberg Pro Terminal
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