P&G Delivers Double-Digit Currency-Neutral Core Earnings Per Share Growth in First Quarter Fiscal 2016; First Quarter Core EPS $0.98, Currency-Neutral Core EPS +12%; Core Operating Profit Margin u

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UBS Raises Price Target on Procter & Gamble (PG) Following 3c EPS Beat

October 26, 2015 9:54 AM EDT

UBS reiterated a Neutral rating on Procter & Gamble (NYSE: PG), and raised the price target to $81.00 (from $78.00), following the company's 1Q16 earnings report. PG outperformed FYQ1 EPS expectations, delivering $0.98 vs. consensus of $0.95. Looking forward, PG maintained FY16 EPS guidance.

Analyst Stephen Powers commented, "Overall, PG... More

Procter & Gamble (PG) Tops Q1 EPS by 2c

October 23, 2015 7:00 AM EDT

Procter & Gamble (NYSE: PG) reported Q1 EPS of $0.98, $0.02 better than the analyst estimate of $0.96. Revenue for the quarter came in at $16.5 billion versus the consensus estimate of $17.35 billion.

Beauty segment organic sales decreased two percent as lower organic volume was partially offset by a positive one percent impact from both pricing and mix. Volume decreased in Skin and Personal Care due to competitive activity and portfolio SKU reductions, partially offset by growth from marketing and innovation on the super-premium SK-II brand. Hair Care volume... More