(RTTNews) - Procter & Gamble Co. (PG) reported a profit for its first quarter that increased from the same period last year.
The company's bottom line totaled $4.28 billion, or $1.63 per share. This compares with $3.59 billion, or $1.36 per share, in last year's first quarter.
Analysts had expected the company to earn $1.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.5% to $19.32 billion from $17.80 billion last year.
Procter & Gamble Co. earnings at a glance:
-Analysts Estimate: $1.41 -Revenue (Q1): $19.32 Bln vs. $17.80 Bln last year.
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