Apr 24th, 2013: A quick snapshot of Procter & Gamble Company (PG)'s top and bottom line results.
Q3 2013 Quarterly Results:
- Highlights: Organic sales up 3%; Core EPS up by 5c; Market share grew or stable for over 50% of sales; Core Operating Margin grew 10 Bps; Core Gross Margin up by 20 Bps.
- Net Sales: Net Sales came in at $20.6B, up by 2% from the $20.2B reported last year. This was almost in line with the $20.7B expected by analysts.
- Net Earnings: PG's Net Earnings reported was $2.59B, a 6% beat over last year's $2.43B.
- EPS/Diluted: PG's EPS/D was $0.88/share which was a 7% beat from the $0.82/share reported last year, but significantly lower than analysts expectation of $0.96/share.
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MarketConsensus Stock Analysis Team