Procter & Gamble (PG) Q2 2021 earnings

Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California.

Mario Tama | Getty Images

Procter & Gamble on Wednesday raised its fiscal 2021 outlook after its fiscal second-quarter revenue rose 8%, fueled by higher demand for its cleaning products and shaving and styling products.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $ 1.64, adjusted, vs. $ 1.51 expected
  • Revenue: $ 19.75 billion vs. $ 19.27 billion expected

Excluding items, the company earned $ 1.64 per share, beating the $ 1.51 per share expected by analysts surveyed by Refinitiv.

Net sales rose 8% to $ 19.75 billion, topping expectations of $ 19.27 billion.

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