Procter & Gamble’s Tide detergent can be seen on display at a new Wal-Mart store in Chicago January 24, 2012.
John Gress | Reuters
Procter & Gamble on Tuesday reported mixed quarterly results, but the company’s volume increased for the first time in more than two years.
Shares of the company fell 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: $1.40 adjusted vs. $1.37 expected
- Revenue: $20.53 billion vs. $20.74 billion expected
P&G reported fiscal fourth-quarter net income attributable to the company of $3.14 billion, or $1.27 per share, down from $3.38 billion, or $1.37 per share, a year earlier.
Excluding items, the company earned $1.40 per share.
Net sales of $20.53 billion were flat compared with the year-ago period.