This Buffett Stock Just Crushed Earnings: Time to Buy?
Procter Gamble (NYSE: PG) just reported its financial results for the first quarter of fiscal 2024, ended Sept. 30. Net revenue of $21.9 billion and diluted earnings per share of $1.83 both beat Wall Street expectations. Unsurprisingly, investors reacted positively, sending the shares higher immediately following the announcement.
There's a lot to unpack with this consumer staples stock's latest quarterly numbers. Let's take a closer look at Procter Gamble, a business that's in Berkshire Hathaway's portfolio, in a bit more depth. Then investors can decide if the shares are worth buying right now.
The company's revenue gain was boosted, once again, by price increases for its various products. In fact, in 18 of the last 19 quarters, Procter Gamble's financial results were driven largely by beneficial pricing trends.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
Die Community bevorzugt leicht Berkshire Hathaway Inc. A mit mehr Buy- als Sell-Einschätzungen.
Ein positives Kurspotenzial für Berkshire Hathaway Inc. A ist gegeben, mit einem Kursziel von 650000 € über dem aktuellen Kurs von 607500.0 €.
