Procter & Gamble Co. Q2 Income Climbs, Beats Estimates

(RTTNews) - Procter & Gamble Co. (PG) announced a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $4.630 billion, or $1.88 per share. This compares with $3.468 billion, or $1.40 per share, last year.

Analysts on average had expected the company to earn $1.86 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.1% to $21.882 billion from $21.441 billion last year.

Procter & Gamble Co. earnings at a glance (GAAP) :

-Earnings: $4.630 Bln. vs. $3.468 Bln. last year. -EPS: $1.88 vs. $1.40 last year. -Revenue: $21.882 Bln vs. $21.441 Bln last year.

-Guidance: Full year EPS guidance: $6.91 to $7.05