Procter & Gamble (PG) Q1 Earnings and Revenues Beat Estimates

Procter & Gamble (PG) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.82%. A quarter ago, it was expected that this world's largest consumer products maker would post earnings of $1.41 per share when it actually produced earnings of $1.43, delivering a surprise of +1.42%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. P&G, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $23.