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Procter & Gamble's Fiscal Q4 Core Earnings Rise, Net Sales Decline; Fiscal 2025 Outlook Issued
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Procter & Gamble's Fiscal Q4 Core Earnings Rise, Net Sales Decline; Fiscal 2025 Outlook Issued
Jul 30, 2024 4:40 AM

07:28 AM EDT, 07/30/2024 (MT Newswires) -- Procter & Gamble ( PG ) reported fiscal Q4 core earnings Tuesday of $1.40 per diluted share, up from $1.37 a year earlier.

Analysts polled by Capital IQ expected $1.37.

Net sales for the quarter ended June 30 were $20.53 billion, compared with $20.55 billion a year earlier.

Analysts polled by Capital IQ expected $20.74 billion.

The consumer products giant expects fiscal-year 2025 core EPS growth of 5% to 7% and sales growth of 2% to 4%. Analysts surveyed by Capital IQ expect $6.96 normalized earnings on revenue of $86.88 billion.

The company's shares were 2.8% lower in recent premarket activity.

Price: 165.20, Change: -4.73, Percent Change: -2.78

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