Procter & Gamble: beats consensus in Q4

(CercleFinance.com) - Procter & Gamble has announced Q4 EPS that is up 11% at 94 cents, beating the consensus by four cents, with the group's revenue up 3% at 16.
5 billion dollars (+1% in organic terms).

Over the full-year, the consumer goods giant saw its adjusted EPS increase by 8%, with its revenues up 1% in organic terms, against respective target ranges of 6%-8% and 2%-3%.

For fiscal year 2018-19, the owners of brands such as Ariel, Gillette, Duracell and Pampers, expects adjusted EPS to increase by 3% to 8% - i.e. 4.45 dollars (mid-range) - as well as organic sales growth of 2% to 3%.



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