1254 ET - Procter & Gamble's latest results represented a solid quarter for the maker of Gillette razors and Tide Pods, BofA Securities analysts say in a research note. The company's beauty business remains muted due to continue declines in China, but the analysts believe the rest of the business can support near-term softness. "We do believe there is further upside to fiscal 2025 earnings per share if industry promotional levels remain steady," the analysts add. Shares rise 2.6% to $165.98. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
January 22, 2025 12:54 ET (17:54 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.