earnings
confidence high
sentiment neutral
materiality 0.70
P&G Q4 net sales flat, organic +2%, core EPS +2%; FY24 organic +4%, core EPS +12%
PROCTER & GAMBLE Co
2024-FY EPS reported
$6.02
revenue$84,039,000,000
- Q4 net sales $20.5B (unchanged YoY); organic sales +2% on volume +2%, price +1%.
- Q4 GAAP EPS $1.27 (-7% YoY) due to restructuring charges (Nigeria, Argentina); core EPS $1.40 (+2%).
- FY2024 net sales $84.0B (+2%); organic sales +4% (price +4%); core EPS $6.59 (+12%); GAAP EPS $6.02 (+2%).
- FY2025 guidance: organic sales growth 3-5%; core EPS $6.91-$7.05 (midpoint $6.98, +6%). $10B dividends, $6-7B buybacks.
- Recorded $1.3B pre-tax Gillette intangible impairment; $216M charge on liquidation of Nigeria ops.