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P&G: Fiscal Q3 Earnings Snapshot

CINCINNATI (AP) — CINCINNATI (AP) — Procter & Gamble Co. (PG) on Friday reported fiscal third-quarter earnings of $3.93 billion.

On a per-share basis, the Cincinnati-based company said it had net income of $1.63. Earnings, adjusted for non-recurring gains, came to $1.59 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.

The world’s largest consumer products maker posted revenue of $21.24 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $20.51 billion.

P&G expects full-year earnings in the range of $6.83 to $7.09 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PG at https://www.zacks.com/ap/PG

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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