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

  • Procter & Gamble Commentary on Q3 2020 Earnings

    Our Outlook

    Days before reporting earnings, P&G announced a dividend increase of 6%. The company has paid a dividend every year since 1890. On April 17, 2020, Procter & Gamble reported fiscal 2020 third quarter earnings (here). The firm reported ‘core’ earnings of $1.17 per share, better than consensus expectations of $1.13 and up 10.3% from 2019 […]

  • What Happens When You’re Facing Early Retirement at Procter & Gamble — Your Financial Future

    Our Outlook

    A Road Diverged As public companies strive to meet or beat earnings targets, change is inevitable. Sometimes brands or segments are consolidation to reduce costs.  Employees impacted by a consolidation or reduction in force (RIF) may have the opportunity to take an early retirement package. Similar to retirement, deciding whether to accept an early retirement package […]