Procter & Gamble (PG) Tops Q2 EPS by 2c

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P&G Announces Second Quarter Earnings

January 20, 2017 7:00 AM EST

Net Sales Unchanged; Organic Sales +2%; Diluted Net EPS $2.88, +157%; Core EPS $1.08, +4%

Increases Organic Sales Growth Guidance for Fiscal Year

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2017 net sales of $16.9 billion, unchanged versus the prior year. Organic sales increased two percent. Organic sales and organic volume increased in all five business segments. Diluted net earnings per share were $2.88, an increase of 157% versus the prior year, including a gain of $1.95 per share from the Beauty Brands divestiture to Coty. Core earnings... More