Procter & Gamble (PG) Bullish View Reiterated at Jefferies Posts Q4

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Go back to Procter & Gamble (PG) Bullish View Reiterated at Jefferies Posts Q4

Procter & Gamble (PG) Tops Q4 EPS by 5c

August 2, 2016 7:02 AM EDT

Procter & Gamble (NYSE: PG) reported Q4 EPS of $0.79, $0.05 better than the analyst estimate of $0.74. Revenue for the quarter came in at $16.1 billion versus the consensus estimate of $15.83 billion.

Beauty segment organic sales grew one percent versus the prior year driven by pricing benefits and higher organic volume. Organic sales increased in Skin and Personal Care driven by growth of the super-premium SK-II skin care brand, partially offset by lower sales of Olay. Hair Care... More