January 23, 2019 / 12:10 PM / 3 months ago

Procter & Gamble second-quarter sales beat estimates

Jan 23 (Reuters) - Procter & Gamble Co reported quarterly revenue that beat Wall Street estimates on Wednesday, driven by strong demand for beauty and fabric care products.

The maker of Tide detergent and Oral-B toothpaste said net income attributable to the company rose to $3.19 billion, or $1.22 per share, in the second quarter ended Dec. 31 from $2.50 billion, or 93 cents per share, a year earlier.

Net sales rose marginally to $17.44 billion, beating analysts' average estimate of $17.15 billion, according to IBES data from Refinitiv. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Anil D'Silva)

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