RTTNews | Oct 19, 2021 07:08AM EDT

07:07 Tuesday, October 19, 2021 (RTTNews.com) - Procter & Gamble Co. (PG) announced earnings for first quarter that dropped from the same period last year.

The company's profit came in at $4.11 billion, or $1.61 per share. This compares with $4.28 billion, or $1.63 per share, in last year's first quarter.

Analysts had expected the company to earn $1.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.3% to $20.34 billion from $19.32 billion last year.

Procter & Gamble Co. earnings at a glance:

-Earnings (Q1): $4.11 Bln. vs. $4.28 Bln. last year.-EPS (Q1): $1.61 vs. $1.63 last year.-Analysts Estimate: $1.59-Revenue (Q1): $20.34 Bln vs. $19.32 Bln last year.

-Guidance:Full year EPS guidance: $5.66

Read the original article on RTTNews ( https://www.rttnews.com/3233553/procter-gamble-co-profit-retreats-in-q1but-beats-estimates.aspx)

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