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P&G Q2 Results Top Estimates; Backs FY23 Earnings View, Lifts Sales Forecast

Consumer goods giant Procter & Gamble Co. reported Friday higher earnings and net sales in its third quarter, both above the Street estimates, benefited by higher pricing in all segments, despite weak volumes. Further, the company maintained fiscal 2023 earnings growth view, and raised sales forecast.

In pre-market activity on the NYSE, P&G shares were gaining around 2.1 percent to trade at $154.

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by RTTNews Staff Writer

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