CINCINNATI (AP) — CINCINNATI (AP) — Procter & Gamble Co. (PG) on Tuesday reported fiscal fourth-quarter net income of $3.62 billion.
The Cincinnati-based company said it had profit of $1.48 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The world's largest consumer products maker posted revenue of $20.89 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $20.81 billion.
P&G expects full-year earnings in the range of $6.83 to $7.09 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PG at https://www.zacks.com/ap/PG
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