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Procter & Gamble Co. (PG) announced a profit for its second quarter that increased from last year in line with the Street estimates.


RTTNews | Jan 19, 2022 07:06AM EST

07:06 Wednesday, January 19, 2022 (RTTNews.com) - Procter & Gamble Co. (PG) announced a profit for its second quarter that increased from last year in line with the Street estimates.

The company's earnings came in at $4.22 billion, or $1.66 per share. This compares with $3.85 billion, or $1.47 per share, in last year's second quarter.

Analysts on average had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.1% to $20.95 billion from $19.75 billion last year.

Procter & Gamble Co. earnings at a glance (GAAP) :

-Earnings (Q2): $4.22 Bln. vs. $3.85 Bln. last year.-EPS (Q2): $1.66 vs. $1.47 last year.-Analyst Estimate: $1.65-Revenue (Q2): $20.95 Bln vs. $19.75 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3255890/procter-gamble-co-q2-earnings-summary.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved






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