Procter & Gamble's fourth-quarter revenue jumped by double digits

CINCINNATI - Procter & Gamble Co.'s fourth-quarter revenue and net income jumped by double digits on strong sales in emerging markets such as China and India. But the world's largest consumer products company sees things slowing down this quarter as the U.S. and other developed economies struggle.

The Cincinnati-based maker of Tide detergent, Pampers diapers and Gillette shavers on Friday reported earnings per share of 84 cents, as net income rose 15 percent to $2.51 billion. Revenue jumped 10 percent to $20.86 billion. Analysts expected 82 cents on $20.57 billion.

P&G expects earnings for the year ahead to be in a range of $4.17 to $4.33 per share. Analysts forecast $4.29 per share.

In the current quarter, P&G expects earnings in a $1-$1.04 range; analysts were looking for $1.14.


Comments

or Subscribe now so you can share your opinion! It’s only a penny for a month trial.

More P&G

Procter & Gamble Co. (PG) to cut 2,300 more jobs by June Procter & Gamble Co. (PG) to cut 2,300 more jobs by June

Procter & Gamble Co. is planning to eliminate 2,300 more jobs by the time its 2015 fiscal year ends in June.

Cincinnati companies working to retain Procter & Gamble Co.(PG)  talent Cincinnati companies working to retain Procter & Gamble Co.(PG) talent

The latest P&G downsizing wave could cut deeper than prior rounds. But at least four local companies are trying to keep the company's top-notch talent from leaving town.

Procter & Gamble Co. (PG) shedding brands quickly, profits even faster Procter & Gamble Co. (PG) shedding brands quickly, profits even faster

P&G's new brand divestiture strategy is shedding profits faster than product lines. Here's why no one seems to have a problem with that.

Procter & Gamble Co. (PG) unloads Camay and Zest brands Procter & Gamble Co. (PG) unloads Camay and Zest brands

Procter & Gamble Co. will sell its Camay and Zest soap brands to rival Unilever under a deal announced Monday.

Procter & Gamble Co. (PG) fined $189 million by French regulator for price fixing Procter & Gamble Co. (PG) fined $189 million by French regulator for price fixing

A French agency fined Procter & Gamble Co. $189 million Thursday as part of a price-fixing investigation of home care and personal products that were sold in French supermarkets between 2003 and 2006.

Analyst take after Procter & Gamble Co. presentation: Don Analyst take after Procter & Gamble Co. presentation: Don't bet against these guys

Procter & Gamble is "learning to grow," CEO A.G. Lafley told Wall Street Thursday.

Here are the 25 brands Procter & Gamble Co. (PG) has unloaded so far Here are the 25 brands Procter & Gamble Co. (PG) has unloaded so far

P&G revealed Friday that it has already unloaded about 25 of the 90 to 100 brands it plans to exit as part of a larger plan to restore sales and profit growth. WCPO obtained a list of brands ditched to date.

How Larry the Cable Guy stole the show at the Procter & Gamble Co. (PG) annual meeting How Larry the Cable Guy stole the show at the Procter & Gamble Co. (PG) annual meeting

The most dramatic moment of the P&G annual shareholder meeting Tuesday took place when a Manhattan mom strolled to the microphone and asked P&G to fire Larry the Cable Guy as a company spokesman.

Dunnhumby exec: All health data created by consumers is Dunnhumby exec: All health data created by consumers is 'personal and private'

Dunnhumby delves into health data: Here's what it means for consumers.

Basement view: More Americans covet the corner office with a view of their own back yard Basement view: More Americans covet the corner office with a view of their own back yard

Working from home is on the rise. The number of people identifying home as the primary workplace has increased 9.7 percent since 2008 to 36,396, new census data indicates.