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Procter & Gamble reported better-than-expected results for its fiscal first quarter.
Earnings per share came to $1.63, beating the estimate of $1.42 per share expected by analysts. Revenue of $19.3 billion topped the $18.4 billion projection.
Net income of $4.3 billion was up from $3.6 billion a year earlier as demand for the company's cleaning and laundry products rose.
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