Procter & Gamble Q2 2019 Earnings

P&G Q2 2019 Earnings

On January 23, 2019, cosmetics and consumer products maker Procter & Gamble reported second quarter 2019 diluted earnings per share (EPS) of $1.22. Earnings were 31% better due to the impact of tax changes and revenue for the quarter was essentially unchanged versus last year.

P&G’s Beauty business excelled with organic sales growth of 8% in the quarter and their Grooming business struggled with a 3% organic sales decline. P&G raised forward sales guidance by 1% and maintained ‘core’ earnings guidance of 3% to 8% versus their fiscal 2018 ‘core’ earnings. A link to P&G’s full press release can be found here.

More Posts Like This

  • PG Q2 2022 Earnings Commentary

    Our Outlook

    On January 19, 2021 Procter & Gamble reported 2nd quarter 2022 earnings results (see press release here). For the quarter, the company reported 6% top line revenue growth to $20.9 Billion versus last year. Diluted earnings per share (EPS) in Q2 was $1.66 vs. a $1.65 consensus estimate and up from $1.64 a year ago […]

  • PG Stock Valuation

    Our Outlook

    Procter & Gamble shareholders enjoyed a 20.0% total return in calendar year 2021 and the third 20% plus return since 2012. Shareholders suffered only one calendar year stock price decline over the past ten years, and that was in 2015. Significant foreign exchange conversion woes and a volume growth malaise were the culprits then and […]