Tuesday, 05 June 2007

UPDATE 1-Procter & Gamble stands by quarterly forecast

(Reuters) - The company, which makes products that include Gillette
razors, Pampers diapers and Tide laundry detergent, said it
should earn 64 cents to 66 cents per share this quarter.
Analysts on average expect profit of 66 cents per share,
according to Reuters Estimates.




Cincinnati-based P&G also said that it expected sales to
rise 6 percent to 7 percent in the quarter. It still expects
organic sales, which exclude mergers and the impact of foreign
exchange, to rise 5 percent to 6 percent.


Read more at Reuters.com Market News

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