Procter & Gamble (PG) PT Raised to $91 at Wells Fargo
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P&G Announces Fiscal Year 2019 Second Quarter Results
January 23, 2019 7:00 AM ESTNet Sales in-line vs. YA; Organic Sales +4%;
Diluted Net EPS $1.22, +31%; Core EPS $1.25, +5%; Currency-Neutral Core EPS +13%
CINCINNATI--(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE: PG) reported second quarter fiscal year 2019 net sales of $17.4 billion, even with the prior year 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 31% versus the prior year primarily due to the income tax charges related to transitional impacts of the U.S. Tax Act in the base... More
