Procter & Gamble (PG) Tops Q1 EPS by 5c

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P&G Announces First Quarter Earnings

October 25, 2016 7:00 AM EDT

Net Sales Unchanged; Organic Sales +3%; Diluted Net EPS $0.96, +5%; Core EPS $1.03, +5%

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported first quarter fiscal year 2017 net sales of $16.5 billion, unchanged versus the prior year. Organic sales increased three percent. Organic sales increased in all five business segments driven by low-to-mid single digit organic volume growth in all segments. Diluted net earnings per share were $0.96, an increase of five percent versus the prior year. Core earnings per share were $1.03, an increase of five percent versus the prior year. Currency-neutral core EPS increased... More