Procter & Gamble earnings beat estimates as shoppers buy more household staples

Pepto Bismol made by Procter & Gamble is displayed on a grocery store shelf on July 28, 2023 in Greenbrae, California.Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, thanks to growing demand for household staples like toilet paper and laundry products.Shares of the company rose 2.5% 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: $1.88 adjusted ...