P&G Announces Third Quarter Earnings

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Procter & Gamble (PG) PT Lowered to $75 at JPMorgan

April 20, 2018 8:23 AM EDT

JPMorgan lowered its price target on Procter & Gamble (NYSE: PG) to $75.00 (from $80.00) while maintaining a Neutral rating following the company's 3Q earnings report. PGs reported organic sales growth of +1% was a 100bps sequential deceleration on reported figures from 2Q. Management now expects... More

UPDATE: Procter & Gamble (PG) Reports In-Line Q3 EPS, Raises Core EPS Guidance

April 19, 2018 7:04 AM EDT

(Updated - April 19, 2018 7:05 AM EDT)

Procter & Gamble (NYSE: PG) reported Q3 EPS of $1.00, $0.00 better than the analyst estimate of $1.00. Revenue for the quarter came in at $16.3 billion versus the consensus estimate of $16.23 billion.

Fiscal Year 2018 Guidance

P&G said it is maintaining its... More