Procter & Gamble beats earnings and revenue estimates, driven by strong beauty product demand.

Procter & Gamble reported fiscal third-quarter earnings of $1.63 per share, surpassing the expected $1.56, and revenue of $21.24 billion, beating the $20.5 billion forecast. The company saw a 7% rise in net sales and a 2% increase in volume, marking the first volume growth in a year amid challenging consumer demand. P&G maintained its full-year guidance for sales growth between 1% and 5% and earnings per share growth of 1% to 6%, with plans to increase investments to sustain momentum despite economic uncertainties.