Categories AlphaGraphs, Consumer, Earnings
A visual representation of Procter & Gamble (PG) Q3 2020 earnings results
The Procter & Gamble Company (NYSE: PG) reported its financial results for the quarter ended March 31, 2020 today.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2020/04/Procter-Gamble-Earnings-Trend-1024x621.jpg)
Procter & Gamble posted a 6% increase in earnings for the third quarter of 2020 driven by higher revenue. There was strong consumer demand in North America and certain European markets due to the COVID-19 pandemic. This was partially offset by volume decreases in certain Asian markets due primarily to temporary disruption of consumer access to retail markets.
![Procter & Gamble (PG) Q3 2020 earnings review](https://cdn.news.alphastreet.com/wp-content/uploads/2020/04/Procter-Gamble-Q3-2020-Earnings-Infographic.jpg)
The company adjusted its outlook for fiscal 2020 all-in sales growth, from a range of 4-5% growth to a range of 3-4% growth, to reflect stronger headwinds from foreign exchange. The guidance for organic sales growth was maintained in the range of 4-5% and for all-in GAAP EPS growth at 235-245%. The core EPS growth outlook is maintained at 8-11%. The company expects to pay over $7.5 billion in dividends and repurchase $7-8 billion of common shares in fiscal 2020.
Past Performance
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%