Procter & Gamble (PG) Tops Q1 EPS by 2c, Maintains Guidance
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P&G Announces First Quarter Earnings
October 20, 2017 7:00 AM EDTNet Sales +1%; Organic Sales +1%; Diluted Net EPS $1.06, +10%; Core EPS $1.09, +6%
CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported first quarter fiscal year 2018 net sales of $16.7 billion, an increase of one percent versus the prior year. Organic sales also increased one percent. Diluted net earnings per share were $1.06, an increase of 10% versus the prior year while core earnings per share increased six percent to $1.09. Currency-neutral core EPS also increased six percent versus the prior year.
Operating cash flow was $3.6 billion for the quarter. Free cash flow productivity was 87%. The... More
