Procter & Gamble: exceeds expectations in Q4.
(CercleFinance.com) - Procter & Gamble (P&G) unveils EPS up 19% to 82 cents in the fourth quarter of its fiscal year.
In terms of adjusted (core) data, there was an 8% increase to 85 cents, beating the average estimate from analysts by 7 cents.
The consumer products giant, which for example operates the Gillette and Pampers brands, has seen its sales remain unchanged at 16.1 billion dollars, as a result of the negative impact of foreign exchange rates, without which sales have risen by 2% in terms of organic growth.
For the 2017-2018 fiscal year, P&G is aiming for organic growth in sales of between 2% and 3% as well as progress to the adjusted EPS of around 5% to 7% compared with the 3.92 dollars obtained from the previous fiscal year.
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In terms of adjusted (core) data, there was an 8% increase to 85 cents, beating the average estimate from analysts by 7 cents.
The consumer products giant, which for example operates the Gillette and Pampers brands, has seen its sales remain unchanged at 16.1 billion dollars, as a result of the negative impact of foreign exchange rates, without which sales have risen by 2% in terms of organic growth.
For the 2017-2018 fiscal year, P&G is aiming for organic growth in sales of between 2% and 3% as well as progress to the adjusted EPS of around 5% to 7% compared with the 3.92 dollars obtained from the previous fiscal year.
Copyright (c) 2017 CercleFinance.com. All rights reserved.