Procter & Gamble on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growing demand for its laundry detergent and home care products.
Shares of the company rose more than 2% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: $2.00 adjusted vs. $1.88 expected
- Revenue: $23.3 billion vs. $22.8 billion expected
P&G reported fiscal first-quarter net income attributable to the company of $4.73 billion, or $1.97 per share, down from $4.75 billion, or $1.95 per share, a year earlier.
Excluding restructuring costs and other items, the company earned $2 per share.
Net sales rose 4% to $23.3 billion.
Bottles of Dawn dish spray are displayed for sale at a Target store on August 4, 2026 in Washington, DC.
Kevin Carter | Getty Images
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