October 22, 2019 / 11:04 AM / 22 days ago

Procter & Gamble quarterly revenue beat expectations

Oct 22 (Reuters) - Procter & Gamble Co beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand for its premium beauty brands such as SK-II and Olay, as well as healthcare products.

Net income attributable to the company rose to $3.59 billion, or $1.36 per share, in the first quarter ended Sept. 30, from $3.20 billion, or $1.22 per share, a year earlier.

Net sales climbed 6.6% to $17.80 billion, beating analysts’ average estimates of $17.42 billion, according to IBES data from Refinitiv. (Reporting by Soundarya J in Bengaluru; Editing by Bernard Orr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below