P&G Announces Fiscal Year 2021 Second Quarter Results

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Procter & Gamble (PG) Tops Q2 EPS by 13c, Revenues Beat; Raises FY21 EPS, Sales, Cash Return, Share Buyback Outlook

January 20, 2021 7:04 AM EST

Procter & Gamble (NYSE: PG) reported Q2 EPS of $1.64, $0.13 better than the analyst estimate of $1.51. Revenue for the quarter came in at $19.7 billion versus the consensus estimate of $19.27 billion.

Net Sales +8%; Organic Sales +8%;Diluted Net EPS $1.47, +4% vs. prior year; Core EPS $1.64, +15% vs. prior yearRAISES SALES, EARNINGS, ADJUSTED FREE CASH FLOW PRODUCTIVITY AND CASH RETURN GUIDANCE

We delivered another strong quarter of results across all key measures top line, bottom line and cash, said David Taylor, Chairman, President and Chief Executive Officer. We remain focused on executing our strategies of superiority, productivity,... More