This morning, Procter & Gamble (PG) reported fiscal second quarter earnings of $3.43 billion, or $1.18 per share, as revenue rose slightly to $22.28 billion. Excluding one-time items, the company would have earned $1.21 per share, topping the consensus estimates by a penny. In the report, the company reiterated its guidance for sales growth of three to four percent for the fiscal year and earnings growth of five to seven percent. On the news, shares of Procter & Gamble were higher by nearly 3% so far.
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