Tide laundry detergent is shown on display in Compton, California.
Mike Blake | Reuters
Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations.
Shares of the company rose less than 1% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:
- Earnings per share: $1.83 vs. $1.72 expected
- Revenue: $21.87 billion vs. $21.58 billion expected
The company earned $1.83 per share.
Net sales rose 6% to $21.87 billion.
This article was originally published by Cnbc.com. Read the original article here.