P&G Announces Fiscal Year 2020 Second Quarter Results
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Stifel Reiterates Hold Rating on Procter & Gamble (PG)
January 24, 2020 8:00 AM ESTStifel analyst Mark Astrachan reiterated a Hold rating and $119.00 price target on Procter & Gamble (NYSE: PG) following the company's 2Q earnings report. P&G grew organic sales by 5%, comprised of 3% volume growth, 1% mix, and 1% price. P&G reported solid organic growth in its two... More
Procter & Gamble (PG) Tops Q2 EPS by 5c, Revenues Miss; Raises FY20 Sales Growth & EPS Growth Outlook
January 23, 2020 7:02 AM ESTProcter & Gamble (NYSE: PG) reported Q2 EPS of $1.42, $0.05 better than the analyst estimate of $1.37. Revenue for the quarter came in at $18.2 billion versus the consensus estimate of $18.37 billion.
We delivered another strong quarter of organic sales growth, core earnings per share and cash returned to shareowners, said David Taylor, Chairman, President and Chief Executive Officer. Our strong first half results enable us to further increase our outlook for the full fiscal year across each of these metrics and to increase our commitment of cash return to shareowners. Our focus... More
