Close

Procter & Gamble Co. (PG) Tops Q4 EPS by 2c; Guides FY14

August 1, 2013 7:02 AM EDT
Procter & Gamble Co. (NYSE: PG) reported Q4 EPS of $0.79, $0.02 better than the analyst estimate of $0.77. Revenue for the quarter came in at $20.66 billion versus the consensus estimate of $20.56 billion.

For fiscal year 2014, P&G expects organic sales growth in the range of three percent to four percent compared to underlying global market growth of about 3.5 percent. All-in sales growth is forecast in the range of one percent to two percent, including a negative foreign exchange impact of approximately two percent.

Core earnings per share are expected to grow in the range of five percent to seven percent, equal to fiscal 2013 growth at the low end of the range and within the Company’s long-term, annual growth objectives at the high end of the range. P&G noted that EPS growth estimates include a six percentage point negative impact from foreign exchange. Reported earnings per share are expected to grow in the range of seven percent to nine percent, reflecting somewhat lower non-core restructuring costs in fiscal year 2014 versus the prior year.


For earnings history and earnings-related data on Procter & Gamble Co. (PG) click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities

Earnings