Procter & Gamble Aktie
WKN: 852062 / ISIN: US7427181091
23.01.2024 13:27:26
|
P&G Boosts FY24 Core EPS Growth Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Tuesday, consumer goods giant Procter & Gamble Co. (PG) raised its core net earnings per share growth guidance for the full-year 2024, while maintaining its annual all-in sales growth outlook.
For fiscal 2024, the company now expects earnings per share to be between a decline of 1 percent and flat from the base fiscal 2023 earnings of $5.90 per share, implying earnings in a range of $5.31 to $5.90 per share. Previously, earnings per share were expected to grow 6 to 9 percent.
This change is due to the impairment of the Gillette intangible asset value discussed above and the two-year restructuring program announced by the Company last month.
However, P&G raised its core net earnings per share growth to a range of 8 to 9 percent from the prior outlook for a 6 to 9 percent growth. This outlook equates to a range of $6.37 to $6.43 per share.
Meanwhile, the company maintained its guidance range for fiscal 2024 all-in sales growth to be in the range of 2 to 4 percent and organic sales growth in the range of 4 to 5 percent.
The Street expects the company to report earnings of $6.41 per share on revenue growth of 3.4 percent to $84.81 billion for the year.
The Company added that its current outlook estimates headwinds of approximately $1.0 billion after-tax from unfavorable foreign exchange and tailwinds of approximately $800 million after tax due to favorable commodity costs.
P&G continues to expect adjusted free cash flow productivity of 90% and expects to pay more than $9 billion in dividends and to repurchase $5 to $6 billion of common shares in fiscal 2024.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Procter & Gamble Co.mehr Nachrichten
18:02 |
Schwacher Wochentag in New York: Dow Jones am Montagmittag im Minus (finanzen.at) | |
03.10.25 |
Börse New York: Börsianer lassen Dow Jones letztendlich steigen (finanzen.at) | |
03.10.25 |
Pluszeichen in New York: Pluszeichen im Dow Jones (finanzen.at) | |
03.10.25 |
NYSE-Handel: Börsianer lassen Dow Jones steigen (finanzen.at) | |
03.10.25 |
Dow Jones 30 Industrial-Papier Procter Gamble-Aktie: So viel Gewinn hätte ein Investment in Procter Gamble von vor 10 Jahren eingefahren (finanzen.at) | |
03.10.25 |
Freundlicher Handel: Anleger lassen Dow Jones zum Start des Freitagshandels steigen (finanzen.at) | |
02.10.25 |
Börse New York in Grün: Dow Jones letztendlich mit Kursplus (finanzen.at) | |
02.10.25 |
Börse New York in Grün: Dow Jones zeigt sich fester (finanzen.at) |
Analysen zu Procter & Gamble Co.mehr Analysen
25.04.25 | Procter & Gamble Outperform | RBC Capital Markets |
Aktien in diesem Artikel
Procter & Gamble Co. | 129,26 | -0,15% |
|