1/20/2021, 1:04 PM (Source: TeleTrader)
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P&G's diluted EPS rise 4% to $1.47 in Q2

The Procter & Gamble Company (P&G) announced on Wednesday that its diluted earnings per share jumped by 4% compared to the same period the year prior, to reach $1.47 in the second quarter of 2021.

P&G's net earnings amounted to $3.89 billion in the trimester which ended in December 2020, as opposed to $3.72 billion posted the year before, while its net sales advanced 8% to stand at $19.7 billion in the fiscal year's second trimester.

"We remain focused on executing our strategies of superiority, productivity, constructive disruption and improving P&G's organization and culture. These strategies enabled us to build strong business momentum before the COVID crisis, accelerated our progress in calendar year 2020 and remain the right strategies to deliver balanced growth and value creation over the long term," said P&G president and CEO David Taylor.

The firm's shares went up 2.36% in the premarket trade.

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