Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you
Procter & Gamble Co logo

News

Procter & Gamble Misses Q2 Estimates (PG)

Shauna O'Brien Jan 27, 2015

Shares of Procter & Gamble Co (PG ) were down on Tuesday morning after the company released its second quarter financial results.

PG’s Earnings in Brief

  • PG reported earnings of $2.37 billion, or 82 cents per share, compared to $3.43 billion, or $1.18 per share, last year.
  • Excluding special items, earnings were $1.06 per share – below analysts’ estimates of $1.13 per share.
  • Revenue came in at $20.16 billion, down from $21.1 billion last year. Analysts expected to see revenue of $20.62 billion.

CEO Commentary

PG’s chairman, president and CEO A.G. Lafley commented: “The October – December 2014 quarter was a challenging one with unprecedented currency devaluations. Virtually every currency in the world devalued versus the U.S. dollar, with the Russian Ruble leading the way. While we continue to make steady progress on the strategic transformation of the company – which focuses P&G on about a dozen core categories and 70 to 80 brands, on leading brand growth, on accelerating meaningful product innovation and increasing productivity savings – the considerable business portfolio, product innovation, and productivity progress was not enough to overcome foreign exchange.”

PG’s Dividend

PG will pay its next 64.36 cent dividend on February 17. The stock went ex-dividend on January 21.

Stock Performance

Shares of PG were down $2.28, or 2.55%, during pre-market trading Tuesday.

PG Dividend Snapshot

As of market close on January 26, 2015


PG dividend yield annual payout payout ratio dividend growth


Click here to see the complete history of PG dividends.

The Bottom Line

Procter & Gamble Co (PG ) is recommended at this time, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.


Continue to site >
Trending ETFs