Procter & Gamble Reports Q4 2024 Financial Results

Tuesday, 30 July 2024, 11:17

Procter & Gamble Company (NYSE: PG) has published its financial results for Q4 2024, showing net sales holding steady at $20.5 billion compared to the previous year. Organic sales saw a modest increase of 2%, while net earnings attributable to the company dropped by 7% to $3.1 billion, translating to $1.27 per share. Although overall earnings fell short, core earnings per share rose by 2% to $1.40, exceeding analyst expectations. Despite mixed results, the company's performance demonstrates resilience in a challenging market environment.
AlphaStreet
Procter & Gamble Reports Q4 2024 Financial Results

Procter & Gamble Q4 2024 Financial Results

The Procter & Gamble Company (NYSE: PG) has reported its financial performance for the fourth quarter of 2024.

Key Financial Metrics

  • Net Sales: $20.5 billion, flat year-over-year
  • Organic Sales: Increased by 2%
  • Net Earnings: Decreased by 7% to $3.1 billion, or $1.27 per share
  • Core Earnings per Share: Grew by 2% to $1.40

Conclusion

Despite a decline in net earnings, Procter & Gamble's ability to exceed core EPS estimates reflects strength amid market challenges. The company's performance continues to indicate robust operational efficiency.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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