Insight Report 3 minutes PremiumProcter & Gamble (PG) Second-Quarter FY2016 Earnings Review: Beats on EPS, Guidance Unchanged Coresight Research August 25, 2016 Executive Summary Procter & Gamble (P&G) reported fiscal-second-quarter 2016 net sales of $16.9 billion, down 9% year over year and in line with consensus estimates. The revenue decline was driven by currency, which more than offset organic growth. The company reported core EPSof $1.04 for the quarter, up 9% year over year, beating the consensus estimate of $0.98. P&G maintained its fiscal 2016 guidance for an all-in sales decline in the high-single digits and a decline in core EPS of 3%–8%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Consumer Tracker: Consumer Financial Security ImprovesGenerative AI Latest: Indian Conglomerates Enter the Space, the US Drives the Responsible Use of AI, Adobe Launches New ProductsMore Consumers Visit Open-Air Shopping Centers as Seasons Change: US Consumer Survey InsightsEarnings Insights 4Q22, Week 4: Crocs Posts Strong Sales Momentum; Herbalife Sees Sales Declines
