Procter & Gamble (PG) Tops Q1 EPS by 3c, Maintains Organic Sales and Core EPS Guidance

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P&G Announces Fiscal Year 2019 First Quarter Results

October 19, 2018 7:00 AM EDT

Net Sales in-line vs. YA; Organic Sales +4%; Diluted Net EPS $1.22, +15%; Core EPS $1.12, +3%;

Currency-Neutral Core EPS +11%; Maintains Organic Sales and Core EPS Guidance

CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported first quarter fiscal year 2019 net sales of $16.7 billion, in-line with the year-ago level. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased four percent. Diluted net earnings per share were $1.22, an increase of 15% versus the prior year. Core earnings per share increased three percent to $1.12. Currency-neutral core EPS increased 11% versus the prior... More