Market
Will P&G's organic sales growth exceed 3% in fiscal 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Procter & Gamble's official fiscal year-end financial report
Story
Procter & Gamble Beats Q2 Earnings and Revenue Estimates, Driven by Household Staples Demand; Shares Rise 2.5%
Jan 22, 2025, 12:03 PM
Procter & Gamble Co. reported its fiscal second-quarter earnings, surpassing Wall Street expectations. The company achieved adjusted earnings per share of $1.88, compared to the anticipated $1.86, marking a +2% year-over-year increase in core EPS. Revenue reached $21.88 billion, exceeding the expected $21.54 billion, reflecting a +2% increase in net sales year-over-year. P&G's organic sales grew by +3% year-over-year, driven by demand for household staples such as toilet paper and laundry products. The company also reiterated its fiscal 2025 forecast, projecting core EPS to be between $6.91 and $7.05, in line with estimates of $6.91, and expecting EPS growth of +5% to +7% for the year. P&G's shares rose 2.5% in premarket trading following the announcement.
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