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December 13, 2005
By: TOM BRANNA
Editor
Procter & Gamble Co. expects sales growth of 25% to 26% for the quarter, near the high end of its prior guidance range of 23% to 26%. It forecasts earnings of 68 cents to 69 cents a share for the quarter, versus its previous forecast of 66 cents to 69 cents a share, citing lower than expected dilution from the Gillette acquisition. Analysts, on average, expected the company to post second quarter earnings of 67 cents a share, according to Thomson First Call. The company still expects...
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