Categories AlphaGraphs, Consumer, Earnings
PG Earnings: Key quarterly highlights from Procter & Gamble’s Q1 2024 financial results
The Procter & Gamble Company (NYSE: PG) reported first quarter 2024 earnings results today.
Net sales increased 6% year-over-year to $21.9 billion. Organic sales growth was 7%.
Net earnings attributable to Procter & Gamble increased 15% to $4.5 billion while EPS rose 17% to $1.83. Core EPS also grew 17% to $1.83.
Revenue and earnings both beat expectations.
For FY2024, all-in sales growth is expected to be 2-4% while organic sales growth is expected to be 4-5%.
The stock gained over 1% in premarket hours on Wednesday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
A look at how Disney’s (DIS) entertainment business performed in Q2 2024
Shares of the Walt Disney Company (NYSE: DIS) stayed green on Wednesday. The stock has gained 16% year-to-date. The company recorded revenue and earnings growth for the second quarter of
Uber Technologies reports wider loss for Q1 2024; revenue up 15%
Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported a wider net loss for the first quarter of 2024. Revenues of the ride-sharing giant increased 15% during the three months. Net
