PG Q1 Earnings Beat on Improved Margins, Sales Miss Estimates
P&G(PG) ZACKS·2024-10-19 00:06
The Procter & Gamble Company (PG) has reported first-quarter fiscal 2025 results, wherein earnings surpassed the Zacks Consensus Estimate and improved year over year. Meanwhile, sales missed the consensus mark and declined year over year. The company’s organic sales grew year over year, driven by robust pricing and improved organic volume.Procter & Gamble’s core earnings of $1.93 per share increased 5% from the year-ago quarter and beat the Zacks Consensus Estimate of $1.90. Currency-neutral net earnings pe ...