Dividend King Procter & Gamble Misses Sales Expectations, Stronger Outlook
Dividend King Procter & Gamble (PG) reported mixed results for its fiscal second quarter. The company came out with quarterly earnings of $1.42 per share, beating the consensus estimate of $1.37 per share. However, the quarterly revenue fell short of estimates for the first time in five quarters mainly hurt by a stronger dollar. China…