Procter & Gamble beats earnings estimates but warns of higher costs from tariffs

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Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California.

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Procter & Gamble on Friday reported quarterly earnings and revenue that beat analysts' expectations.

Shares of the company rose about 2% in premarket trading.

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

Earnings per share: $1.99 adjusted vs. $1.90 expectedRevenue: $22.39 billion vs. $22.18 billion expected

P&G reported fiscal first-quarter net income attributable to the company of $4.75 billion, or $1.95 per share, up from $3.96 billion, or $1.61 per share, a year earlier.

Excluding items, including costs associated with incremental restructuring, the consumer giant earned $1.99 per share.

Net sales rose 3% to $22.39 billion.

This story is developing. Please check back for updates.

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