Procter & Gamble (PG) Tops Q3 EPS by 2c

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Go back to Procter & Gamble (PG) Tops Q3 EPS by 2c

P&G Announces Third Quarter Earnings

April 26, 2017 7:00 AM EDT

Net Sales -1%; Organic Sales +1%; Diluted Net EPS $0.93, -4%; Core EPS $0.96, +12%

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported third quarter fiscal year 2017 net sales of $15.6 billion, a decrease of one percent versus the prior year. Organic sales increased one percent. Organic sales increased in four of five business segments. Diluted net earnings per share were $0.93, a decrease of four percent versus the prior year while core earnings per share increased 12% to $0.96. Currency-neutral core EPS increased 15% versus the prior year.

Operating cash flow was $3.0 billion for the quarter.... More