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Procter & Gamble Q4 2019 result



Procter & Gambles Joy dishwashing detergent is being arranged for a photo in Tiskilwa, Illinois.

Daniel Acker | Bloomberg | Getty Images

Procter & Gamble posted quarterly earnings and sales on Tuesday, outperforming analysts' expectations.

The company's shares increased by 3.5% in premarket trading.

The following reported to the company compared to Wall Street expectations, based on a survey by Refinitiv among analysts:

  • Earnings per share: $ 1
    .10, adjusted for $ 1.05, expected
  • Revenue: $ 17.09 billion versus $ 16.86 billion expected

Excluding these positions, Procter & Gamble earned $ 1.10 per share, outperforming analysts surveyed by refinitiv at $ 1.05 per share.

Net sales increased 4% to $ 17.09 billion, exceeding expectations of $ 16.86 billion in revenue growth of 3% to 4%. This includes a small negative currency effect.

Adjusted earnings per share are expected to increase by 4% to 9%. P & G announced that the current forecast for commodities, foreign currencies, means of transport and customs duties is expected to result in a "modest net benefit" for profit growth in the 2020 fiscal year.


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