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BUZZ-Procter & Gamble up after Q2 results beat estimates

ReutersJan 22, 2025 12:10 PM

** Shares of Tide detergent maker Procter & Gamble PG.N up ~2% at $166.12 premarket

** Co beats quarterly results on improving demand in the United States

** Co posts Q2 sales of $21.88 bln vs analysts' estimates of $21.54 bln, as per data compiled by LSEG

** Logs quarterly core earnings per share of $1.88 vs estimates of $1.86 per share

** PG's quarterly organic volumes were up 2%, while prices were flat

** PG rose about 15% in 2024

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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