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Company News for Oct 19, 2023

  • The Procter & Gamble Co.’s (PG) shares surged 2.6% after reporting first-quarter fiscal 2024 adjusted earnings per share of $1.83, surpassing the Zacks Consensus Estimate of $1.71.  

  • Abbott Laboratories’ (ABT) shares climbed 3.7% after the company reported third-quarter 2023 adjusted earnings per share of $1.14, outpacing the Zacks Consensus Estimate of $1.10.

  • Shares of State Street Corp. (STT) advanced 2% after the company posted third-quarter 2023 adjusted earnings per share of $1.93, beating the Zacks Consensus Estimate of $1.77.

  • Shares of U.S. Bancorp (USB) tumbled 4.4% after posting third-quarter 2023 revenues of $7 billion, missing the Zacks Consensus Estimate of $7.01 billion.

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