WS #16317
Holding: newest synthesis is 22d 9h old
Procter & Gamble reported a strong Q3 beat with core EPS of $2.00 and stable guidance, while Badger Meter beat EPS estimates despite a slight revenue miss. This performance is driving capital into defensive staples and industrial utilities as investors seek safety from the geopolitical-driven energy inflation and macro uncertainty.
Defensive Staples Rotation
Procter & Gamble reported a strong Q3 beat with core EPS of $2.00 and stable guidance, while Badger Meter beat EPS estimates despite a slight revenue miss. This performance is driving capital into defensive staples and industrial utilities as investors seek safety from the geopolitical-driven energy inflation and macro uncertainty.