Procter & Gamble (PG) Posts Q4 EPS of $1.00

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Go back to Procter & Gamble (PG) Posts Q4 EPS of $1.00

P&G Delivers Double-Digit Currency Neutral Core Earnings Per Share Growth in Fiscal 2015; Fourth Quarter Core EPS $1.00, +8%, Currency Neutral Core EPS +22%; Announces Accounting Change for Venezu

July 30, 2015 7:00 AM EDT

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported fiscal year 2015 currency neutral core earnings per share growth of 11% versus the prior year. Core earnings per share were $4.02, a decrease of two percent. Diluted net earnings per share were $2.44, including a one-time charge of $2.1 billion, or $0.71 per share, for a change in the method of accounting for its Venezuelan operations from consolidation to the cost method, discussed later in this press release. Organic sales grew one percent as a two percent pricing benefit more than offset a one percent reduction in shipment... More