Procter & Gamble's Q2 Earnings Mixed: Beat on EPS, Slightly Missed on Revenue Expectations
  • 3 months ago
Procter & Gamble reported mixed results for its fiscal second-quarter earnings. Earnings per share were $1.84 adjusted versus the $1.70 expected, while revenue was $21.44 billion versus the $21.48 billion expected. For the full 2024 fiscal year, PG narrowed its adjusted EPS guidance range to $6.37 to $6.43 but lowered its outlook for reported and unadjusted EPS. The consumer goods giant is impairing Gillette's value and restructuring some international markets like Argentina and Nigeria, signaling challenges in those businesses.
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