P&G Announces Fiscal Year 2023 Second Quarter Results

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Go back to P&G Announces Fiscal Year 2023 Second Quarter Results

Procter & Gamble (PG) Tops Q2 EPS by 1c, Revenues Beat; Lifts Sales Guidance

January 19, 2023 6:57 AM EST

Procter & Gamble (NYSE: PG) reported Q2 EPS of $1.59, $0.01 better than the analyst estimate of $1.58. Revenue for the quarter came in at $20.8 billion versus the consensus estimate of $20.67 billion.

GUIDANCE:

P&G raised its guidance for fiscal 2023 all-in sales to a range of down one percent to in-line versus the prior fiscal year from a prior range of down three percent to down one percent. The Company also raised its outlook for organic sales growth to a range of four... More