Procter & Gamble (PG) Tops Q3 EPS by 4c
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P&G Announces Third Quarter Fiscal 2016 Results
April 26, 2016 7:00 AM EDTOrganic Sales +1%; Net Sales -7%; Diluted Net EPS $0.97,+29%;
Core EPS $0.86, -3%; Currency-Neutral Core EPS Unchanged Versus Prior Year
CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported third quarter fiscal year 2016 diluted net earnings per share of $0.97, an increase of 29%. Core earnings per share were $0.86, a decrease of three percent, while currency-neutral core earnings per share were unchanged versus the prior year. Core operating profit margin increased 300 basis points driven primarily by productivity savings in gross margin. Net sales were $15.8 billion, a... More
