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Procter & Gamble (PG) Tops Q1 EPS by 3c, Misses on Revenue; Offers Guidance

October 18, 2024 6:56 AM EDT

Procter & Gamble (NYSE: PG) reported Q1 EPS of $1.93, $0.03 better than the analyst estimate of $1.90. Revenue for the quarter came in at $21.9 billion versus the consensus estimate of $22.02 billion.

P&G maintained its guidance range for fiscal 2025 all-in sales growth to be in the range of two to four percent versus the prior year. The combined headwinds from foreign exchange and divestitures are expected to negatively impact all-in sales growth by approximately one percentage point. The Company also maintained its outlook for organic sales growth in the range of three to five percent.

P&G maintained its fiscal 2025 diluted net earnings per share growth to be in the range of 10% to 12% versus fiscal 2024 diluted net EPS of $6.02. P&G also maintained its fiscal 2025 core earnings per share growth to be in the range of five to seven percent versus fiscal 2024 core EPS of $6.59. This outlook equates to a range of $6.91 to $7.05 per share, with a mid-point estimate of $6.98, or an increase of 6%.

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



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