Stocks in Action USA: Lockheed Martin, Spotify, Procter & Gamble

Procter & Gamble (PG) exceeds expectations – revenue forecast raised after Thorne acquisition! Procter & Gamble surprised the market by exceeding expectations for both revenue and profit in the first quarter. Revenue rose by 4% to $23.28 billion, beating the analyst estimate of $22.8 billion, while adjusted earnings per share increased to $2.00 (expectation: $1.88). The stock gained nearly 3% in pre-market trading after the consumer goods giant raised its full-year revenue growth forecast from 1 to 3% to 2 to 4%. This more optimistic...