Procter & Gamble Co. Q3 adjusted earnings Beat Estimates

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

The company's bottom line totaled $2.75 billion, or $1.04 per share. This compares with $2.51 billion, or $0.95 per share, in last year's third quarter.

Excluding items, Procter & Gamble Co. reported adjusted earnings of $2.79 billion or $1.06 per share for the period.

Analysts had expected the company to earn $1.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.1% to $16.46 billion from $16.28 billion last year.

Procter & Gamble Co. earnings at a glance:

-Earnings (Q3): $2.79 Bln. vs. $2.65 Bln. last year. -EPS (Q3): $1.06 vs. $1.00 last year. -Analysts Estimate: $1.03 -Revenue (Q3): $16.46 Bln vs. $16.28 Bln last year.