Recap: Procter & Gamble Q4 Earnings

Shares of Procter & Gamble PG rose 2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 5.45% year over year to $1.16, which beat the estimate of $1.01.

Revenue of $17,698,000,000 rose by 3.53% year over year, which beat the estimate of $16,970,000,000.

Guidance

The upcoming fiscal year's EPS expected to be between $5.27 and $5.48.

The upcoming fiscal year's revenue expected to be between $71,659,500,000 and $73,078,500,000.

Conference Call Details

Date: Jul 30, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/pg2/mediaframe/39369/indexr.html

Technicals

Company's 52-week high was at $129.24

52-week low: $94.34

Price action over last quarter: Up 9.43%

Company Overview

Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating nearly $70 billion in annual sales. It operates with a lineup of leading brands, including 21 that generate more than $1 billion in annual global sales such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent around 55% of the firm's consolidated total, with around one third coming from emerging markets.