Procter & Gamble (PG) Tops Q2 EPS by 5c
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P&G Announces Second Quarter Earnings
January 23, 2018 7:00 AM ESTNet Sales +3%; Organic Sales +2%; Diluted Net EPS $0.93, -68%; Core EPS $1.19, +10%
CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2018 net sales of $17.4 billion, an increase of three percent versus the prior year. Organic sales increased two percent. Diluted net earnings per share were $0.93, a decline of 68% versus the prior year due to the Beauty Brands divestiture gain in the base period and a current period net income tax charge related to the recently enacted U.S. Tax Cuts and Jobs Act (the Tax Act). Core earnings per... More
