Edition:
India

P&G Announces Fiscal Year 2019 First Quarter Results


Friday, 19 Oct 2018 

Oct 19 (Reuters) - Procter & Gamble Co ::P&G ANNOUNCES FISCAL YEAR 2019 FIRST QUARTER RESULTS.Q1 CORE EARNINGS PER SHARE $1.12.Q1 EARNINGS PER SHARE $1.22.Q1 EARNINGS PER SHARE VIEW $1.09 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE $16.7 BILLION VERSUS I/B/E/S VIEW $16.46 BILLION.P&G QTRLY ORGANIC SALES INCREASED FOUR PERCENT.P&G QTRLY GROOMING SEGMENT ORGANIC SALES INCREASED FOUR PERCENT.P&G QTRLY BABY, FEMININE & FAMILY CARE SEGMENT ORGANIC SALES DECREASED ONE PERCENT VERSUS YEAR AGO.P&G - MAINTAINING ITS GUIDANCE FOR ORGANIC SALES GROWTH IN RANGE OF TWO TO THREE PERCENT FOR FISCAL 2019.P&G - FOR 2019 MAINTAINED ITS EXPECTATION FOR CORE EARNINGS PER SHARE GROWTH OF THREE TO EIGHT PERCENT VERSUS FISCAL 2018 CORE EPS OF $4.22.P&G - EXPECTS TO PAY OVER $7 BILLION IN DIVIDENDS & REPURCHASE UP TO $5 BILLION OF COMMON SHARES IN 2019.P&G - ON AN ALL-IN GAAP BASIS, 2019 DILUTED NET EARNINGS PER SHARE ARE EXPECTED TO INCREASE SEVENTEEN TO TWENTY-FOUR PERCENT VERSUS PRIOR YEAR.P&G - NOW ESTIMATES FISCAL 2019 ALL-IN SALES GROWTH IN RANGE OF DOWN TWO PERCENT TO IN-LINE VERSUS PRIOR FISCAL YEAR.P&G - EXPECTS ADJUSTED FREE CASH FLOW PRODUCTIVITY OF 90% OR BETTER FOR FISCAL 2019.FY2019 EARNINGS PER SHARE VIEW $4.37, REVENUE VIEW $66.50 BILLION -- THOMSON REUTERS I/B/E/S.P&G - UNFAVORABLE FOREIGN EXCHANGE WAS A THREE PERCENT HURT TO SALES FOR QUARTER.