P&G(PG)
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Procter & Gamble Records 4% Organic Sales Growth
PYMNTS.com· 2024-07-30 19:26
Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4% rise. Net sales rose 2%, to $84 billion, while fourth-quarter sales, shipment volumes and product mix were flat year over year.The Cincinnati-based consumer packaged goods (CPG) company reported net income of $3.14 billion for the fiscal fourth quarter. P&G CEO Jon Moeller highlighted the company’s ability to meet or exceed its growth targets despite a challenging econom ...
Procter & Gamble (PG) Q4 Earnings Beat, Stock Down on Sales Miss
ZACKS· 2024-07-30 17:20
The Procter & Gamble Company (PG) has reported fourth-quarter fiscal 2024 results, wherein earnings surpassed the Zacks Consensus Estimate and improved year over year. Meanwhile, sales missed the consensus mark and were flat year over year. The company’s organic sales grew year over year, driven by robust pricing and volume trends.Procter & Gamble’s core earnings of $1.40 per share increased 2% from the year-ago quarter and beat the Zacks Consensus Estimate of $1.37. Currency-neutral net earnings per share ...
P&G(PG) - 2024 Q4 - Earnings Call Transcript
2024-07-30 16:55
Procter & Gamble Company (NYSE:PG) Q4 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Jon Moeller - Chairman, President, Chief Executive Officer Andre Schulten - Chief Financial Officer Conference Call Participants Bryan Spillane - Bank of America Dara Mohsenian - Morgan Stanley Steve Powers - Deutsche Bank Laura Lieberman - Barclays Robert Ottenstein - Evercore ISI Andrea Teixeira - JP Morgan Filippo Falorni - Citi Peter Grom - UBS Bonnie Herzog - Goldman Sachs Chris Carey - W ...
Procter & Gamble Dinged By Beauty and Diaper Sales Declines
Investopedia· 2024-07-30 15:42
Key TakeawaysProcter & Gamble posted a decline in sales of beauty products and diapers, and shares tumbled Tuesday.The consumer products giant missed revenue estimates, although adjusted profit was better than expected.P&G also faced what it called "unfavorable foreign exchange impacts." Shares of Procter & Gamble (PG) tumbled Tuesday when the consumer products giant missed revenue estimates as sales of its beauty products and diapers declined. P&G reported fiscal 2024 fourth-quarter revenue was basically u ...
Procter & Gamble Stock Gaps Lower on Mixed Results
Schaeffers Investment Research· 2024-07-30 14:08
Cincinnati-based consumer goods firm Procter & Gamble Co (NYSE:PG) reported mixed fiscal fourth-quarter results this morning. While earnings surpassed expectations as volume increased for the first time in more than two years thanks to strong demand for several key segments, revenue missed Wall Street's estimates. In response, PG was last seen 5.8% lower at $159.93.Options traders are targeting Procter & Gamble stock following the results. So far today, 11,000 puts and 11,000 calls have exchanged hands, whi ...
Procter & Gamble (PG) Q4 Earnings Top Estimates
ZACKS· 2024-07-30 13:05
Procter & Gamble (PG) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.19%. A quarter ago, it was expected that this world's largest consumer products maker would post earnings of $1.42 per share when it actually produced earnings of $1.52, delivering a surprise of 7.04%.Over the las ...
Procter & Gamble earnings beat estimates, but quarterly sales disappoint
CNBC· 2024-07-30 11:07
Procter & Gamble's Tide detergent can be seen on display at a new Wal-Mart store in Chicago January 24, 2012.Procter & Gamble on Tuesday reported mixed quarterly results, but the company's volume increased for the first time in more than two years.Volume excludes pricing, making the metric a more accurate reflection of demand than sales. Over the last several years, P&G's price hikes across its portfolio, from diapers to detergent, fueled its sales growth, but volume flattened or even declined as consumers ...
P&G(PG) - 2024 Q4 - Annual Results
2024-07-30 11:01
News Release The Procter & Gamble Company One P&G Plaza Cincinnati, OH 45202 P&G ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Q4 '24: Net Sales 0%; Organic Sales +2%; Diluted EPS -7%; Core EPS +2% FY '24: Net Sales +2%; Organic Sales +4%; Diluted EPS +2%; Core EPS +12% CINCINNATI, July 30, 2024 - The Procter & Gamble Company (NYSE:PG) reported fourth quarter and fiscal year 2024 results. "Fiscal year 2024 was another year of strong results for P&G," said Jon Moeller, Chairman of the Board, Presiden ...
Is Procter & Gamble (PG) a Smart Investment Pre-Q4 Earnings?
ZACKS· 2024-07-26 17:46
The Procter & Gamble Company (PG) , also known as P&G, is set to report fourth-quarter fiscal 2024 results on Jul 30, before the opening bell. The company is expected to have witnessed sales growth in the to-be-reported quarter.The Zacks Consensus Estimate for fiscal fourth-quarter revenues is pegged at $20.7 billion, suggesting a 0.9% rise from the prior-year quarter’s reported figure. The consensus mark for PG’s fiscal fourth-quarter earnings is pegged at $1.37 per share, indicating flat results compared ...
Procter & Gamble Earnings Preview: Tips For Buying Expensive Stocks Smartly
Seeking Alpha· 2024-07-26 14:43
Alones CreativeIntroduction The Procter & Gamble Company (NYSE:PG) is one of the stocks in my portfolio that I sometimes forget about - simply because the company is very robustly positioned and prudently managed. My last update on PG was published in April 2024, and in the article before that (October 2022) I looked at PG's free cash flow, including acquisitions, and compared it to its U.K. competitor Unilever plc (UL, OTCPK:UNLYF). P&G will report its fourth-quarter and full-year 2024 results on Tuesd ...