P&G Announces Fiscal Year 2021 First Quarter Results

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Procter & Gamble (PG) Tops Q1 EPS and Revenues; Raises Outlook

October 20, 2020 7:02 AM EDT

(Updated - October 20, 2020 7:11 AM EDT)

(Update corrects EPS)

Procter & Gamble (NYSE: PG) reported Q1 EPS of $1.63, better than the analyst estimate of $1.41. Revenue for the quarter came in at $19.32 billion versus the consensus estimate of $18.24 billion.

We delivered another strong quarter of organic sales growth, core earnings per share and cash returned to shareowners, enabling us to increase our outlook for fiscal year results, said David Taylor, Chairman, President and Chief Executive Officer. Our near-term priorities continue to be employee health and safety, maximizing availability of P&G products for consumers around... More