{"id":31820,"date":"2012-08-04T06:03:00","date_gmt":"2012-08-04T06:03:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/pg-q4-results-beat-expectations-shares-rise-pg\/31820\/"},"modified":"2012-08-04T06:03:00","modified_gmt":"2012-08-04T06:03:00","slug":"pg-q4-results-beat-expectations-shares-rise-pg","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/pg-q4-results-beat-expectations-shares-rise-pg\/31820\/","title":{"rendered":"P&#038;G Q4 Results Beat Expectations, Shares Rise (PG)"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2011\/04\/12.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-7318\" title=\"Procter &amp; Gamble\" src=\"https:\/\/storage.googleapis.com\/smw-news-wp\/2011\/04\/12-150x150.jpg\" alt=\"Procter &amp; Gamble\" width=\"150\" height=\"150\"><\/a>World\u2019s biggest consumer products maker, Procter &amp; Gamble (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PG\" target=\"_blank\" rel=\"noopener\">NYSE: PG<\/a>) reported quarterly earnings on Friday which beat Street\u2019s expectations even as it continued to struggle with flagging sales.<\/p>\n<p><span id=\"more-31820\"><\/span><\/p>\n<p>Just few weeks ago, the company acknowledged the fact that its performance was not up to the expectations; and, it was focusing on ways to improve it. Nevertheless, company\u2019s outlook on current quarterly earnings was short of analysts\u2019 expectations, indicating that it could take several more months for its restructuring plans to yield desired results.<\/p>\n<p><!--Ad Injection mfunc mode ad code--><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>Following the earnings announcement, shares climbed up 2.2%.<\/p>\n<p>For the fiscal fourth quarter, P&amp;G reported that earnings stood at $3.63 billion, or $1.24 per share, against earnings of$2.51 billion, or 84 cents per share, in the corresponding period of last year.<\/p>\n<p>P&amp;G\u2019s core\u00a0earnings, or profit from continuing operations after excluding onetime expenses and other\u00a0 items, stood at 82 cents per share, which was same as last year\u2019s.<\/p>\n<p>However, it was better than Company\u2019s own forecast of 75 cents to 79 cents, made in June. Economists polled by Thomson Reuters expected earnings of 77 cents for the period, after omitting onetime expenses.<\/p>\n<p>For the fiscal year 2013, the Company is expecting to earn between $3.61 and $3.85 per share, with core earnings projected between $3.80 and $4.00.<\/p>\n<p>Earlier in June, the company said that core earnings in 2013 will either remain flat or will come at mid single digit percentage rate, at most. In 2012, core earnings stood at $3.85 per share.<\/p>\n<p>Analysts on average estimate the company to earn $3.88 per share.<\/p>\n<p>For the first quarter of fiscal year 2013, P&amp;G expects to post core earnings between91 cents and 97 cents per share even as analysts\u2019 average forecast is $1.03.<\/p>\n<p>The company also said that it is considering buyback of common shares worth $4bn in the fiscal year 2013.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20120805192901\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fthestockmarketwatch.com%2Fstock-market-news%2Fpg-q4-results-beat-expectations-shares-rise-pg%2F31820&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/stocks-end-higher-for-the-week-3\/31824\">\nStocks End Higher for the Week<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/pg-q4-results-beat-expectations-shares-rise-pg\/31820\">\nP&#038;G Q4 Results Beat Expectations, Shares Rise (PG)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/gold-prices-settle-higher-20\/31819\">\nGold Prices Settle Higher<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/stocks-rally-on-jobs-report\/31800\">\nStocks Rally on Jobs Report<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/gold-prices-settle-higher-silver-prices-also-gain-3\/31793\">\nGold Prices Settle Higher; Silver Prices also Gain<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/stocks-headed-for-a-sharply-higher-finish-5\/31790\">\nStocks Headed for a Sharply Higher Finish<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/cf-industries-holdings-cf-to-acquire-the-interests-in-canadian-fertilizers-limited\/31766\">\nCF Industries Holdings &#8211; CF &#8211; To acquire the interests in Canadian Fertilizers Limited<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n<script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script>\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World\u2019s biggest consumer products maker, Procter &amp; Gamble (NYSE: PG) reported quarterly earnings on Friday which beat Street\u2019s expectations even 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