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Procter & Gamble's Turnaround Gains Steam, but Analyst Warns Rising Oil Costs Could Threaten Recovery

Source: benzinga.com

Corporate EarningsAnalyst InsightsCompany FundamentalsCommodities & Raw Materials
Procter & Gamble's Turnaround Gains Steam, but Analyst Warns Rising Oil Costs Could Threaten Recovery

Procter & Gamble delivered better-than-expected fiscal first-quarter results, suggesting its turnaround may be strengthening. TD Cowen remains cautious, citing rising commodity costs and limited pricing power as threats to earnings growth.

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