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Procter & Gamble Co Reiterates FY 2014 Guidance

Friday, 25 Oct 2013 07:00am EDT 

Procter & Gamble Co reiterated its fiscal 2014 guidance and expect organic sales growth of 3% to 4%. All-in sales growth is estimated in the range of 1% to 2%, including a negative foreign exchange impact of approximately 2%. Core earnings per share (EPS) are expected to grow 5% to 7% for fiscal 2014 , and reported EPS are expected to grow in the range of 7% to 9%. Also, the Company noted that it expects the second quarter negative earnings impact from foreign exchange to be similar to what it was in the first quarter. The Company reported revenue of $84.2 billion and EPS of $3.86 in fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $86 billion for fiscal 2014. 

Company Quote

-0.81 -0.95%
4 Mar 2015