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Procter & Gamble (PG) Tops Q1 EPS by 13c, Revenues Beat; Raises FY20 Sales Growth & Net Earnings Growth Outlook
October 22, 2019 6:57 AM EDT(Updated - October 22, 2019 6:58 AM EDT)
Procter & Gamble (NYSE: PG) reported Q1 EPS of $1.37, $0.13 better than the analyst estimate of $1.24. Revenue for the quarter came in at $17.8 billion versus the consensus estimate of $17.42 billion.
We delivered strong top-line growth, profit margin expansion and cash productivity in the first quarter, enabling us to increase our outlook for fiscal year results, said David Taylor, Chairman, President and Chief Executive Officer. We will continue executing our strategies of superiority, productivity, constructive... More
