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January 8, 2004
By: TOM BRANNA
Editor
The Procter & Gamble Company, Cincinnati, OH, said earnings per share for the October to December 2003 quarter are expected to exceed current Wall Street consensus estimates due to strong organic volume performance, which is up 9%.Executives said the stronger volume performance was driven by health care and developing markets, primarily resulting from the unexpected early and severe cold/flu season in North America.Earnings per share for the October to December quarter are now expected to exceed current consensus expectations by $0.02 to $0.04 per share. P&G’s regular earnings release is scheduled for Jan. 28, 2004.
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