Procter & Gamble Co. Q1 adjusted earnings Beat Estimates

(RTTNews) - Procter & Gamble Co. (PG) revealed earnings for its first quarter that climbed from last year.

The company's bottom line totaled $3.20 billion, or $1.22 per share. This compares with $2.85 billion, or $1.06 per share, in last year's first quarter.

Excluding items, Procter & Gamble Co. reported adjusted earnings of $2.92 billion or $1.12 per share for the period.

Analysts had expected the company to earn $1.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.2% to $16.69 billion from $16.65 billion last year.

Procter & Gamble Co. earnings at a glance:

-Earnings (Q1): $2.92 Bln. vs. $2.93 Bln. last year. -EPS (Q1): $1.12 vs. $1.09 last year. -Analysts Estimate: $1.09 -Revenue (Q1): $16.69 Bln vs. $16.65 Bln last year.