NEW YORK (CNN/Money) - Consumer products maker Procter & Gamble reported improved fiscal second-quarter earnings Tuesday that edged past raised Wall Street estimates, as the company said it expects to meet or beat forecasts for the current quarter.

The maker of such products as Pampers diapers, Tide detergent and Crest toothpaste earned $1.6 billion, or $1.13 a share, excluding special items, in the quarter ended Dec. 31. That's up from $1.4 billion, or $1.03 a share, on the same-basis in the year-earlier period. Analysts surveyed by earnings tracker First Call had a consensus earnings per share forecast of $1.12, up from the $1.10 a share estimate before the company raised its guidance Dec. 11.

Revenue rose to $11.0 billion from $10.4 billion a year earlier.

The company said it expects EPS growth of 11 to 13 percent in the current fiscal third quarter above the 84 cents a share it earned in the year-ago period. That would bring EPS to between 93 and 95 cents, compared to the First Call consensus forecast of 93 cents, and a range of analysts estimates from 91 to 94 cents.

Shares of P&G (PG: Research, Estimates), one of four components of the Dow Jones industrial average set to report results Tuesday, lost $1.17 to $83.05 in trading Monday.