Procter & Gamble's Fiscal Q3 Core Earnings Increase, Net Sales Decline; Fiscal 2025 Outlook Updated

MT Newswires Live
24 Apr

Procter & Gamble (PG) reported fiscal Q3 core earnings Thursday of $1.54 per diluted share, up from $1.52 a year earlier.

Analysts polled by FactSet expected $1.52.

Net sales for the quarter ended March 31 were $19.78 billion, down from $20.20 billion a year earlier.

Analysts surveyed by FactSet expected $20.15 billion.

The company said it now expects fiscal 2025 core EPS of $6.72 to $6.82. That compares to $6.91 to $7.05 previously. Analysts polled by FactSet expect $6.87.

The company said it now expects fiscal 2025 sales to be in-line with the previous year.

Procter & Gamble shares were down 2% in recent premarket activity Thursday.

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