P&G Delivers +2% Organic Sales, +9% Core Earnings Per Share in Second Quarter Fiscal 2016
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January 26, 2016 10:05 AM EST
Procter & Gamble (NYSE: PG) is higher in early trade Tuesday following solid second quarter earnings before the bell.
Procter & Gamble reported Q2 EPS of $1.04, $0.06 better than the analyst estimate of $0.98. Revenue for the quarter came in at $16.9 billion versus the consensus... More
January 26, 2016 7:04 AM EST
Procter & Gamble (NYSE: PG) reported Q2 EPS of $1.04, $0.06 better than the analyst estimate of $0.98. Revenue for the quarter came in at $16.9 billion versus the consensus estimate of $16.94 billion.
Operating cash flow was $4.5 billion for the quarter. Adjusted free cash flow productivity was 117%. The Company repurchased $2.0 billion of common stock and returned $1.9 billion of cash to shareholders as dividends.
We are encouraged by our return to organic sales growth in the quarter, said President and Chief Executive Officer David Taylor. With the top-line improvement and continued cost reduction, we delivered... More
