Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products

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. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: 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. For fiscal 2027, P&G reiterated its forecast for core earnings per share in a range of $6.89 to $7.11.