Edition:
India

P&G Announces Fiscal Year 2021 First Quarter Earnings Per Share $1.63


Tuesday, 20 Oct 2020 

Oct 20 (Reuters) - Procter & Gamble Co ::P&G ANNOUNCES FISCAL YEAR 2021 FIRST QUARTER RESULTS.Q1 SALES $19.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $18.38 BILLION.Q1 EARNINGS PER SHARE $1.63.Q1 EARNINGS PER SHARE ESTIMATE $1.42 -- REFINITIV IBES DATA.P&G - UPDATES GAAP EPS GUIDANCE TO REFLECT DEBT RESTRUCTURING.P&G - RAISES SALES, CORE EPS, ADJUSTED FREE CASH FLOW PRODUCTIVITY AND CASH RETURN GUIDANCE.P&G - FABRIC AND HOME CARE SEGMENT ORGANIC SALES INCREASED 14% FOR THE QUARTER.P&G - RAISED FY OUTLOOK FOR ORGANIC SALES GROWTH TO A RANGE OF FOUR TO FIVE PERCENT.P&G - NOW PLANS TO RETURN $15 BILLION TO $17 BILLION OF CASH TO SHAREHOLDERS IN THIS FISCAL YEAR.FY2021 EARNINGS PER SHARE VIEW $5.41, REVENUE VIEW $73.10 BILLION -- REFINITIV IBES DATA.P&G QTRLY ORGANIC SALES +9%.P&G - POSITIVE MIX IMPACT TO QTRLY ORGANIC SALES DRIVEN BY DISPROPORTIONATE GROWTH OF PREMIUM HOME, HEALTH, HYGIENE PRODUCTS, N. AMERICAN BUSINESS.