trending Market Intelligence /marketintelligence/en/news-insights/trending/0Ib0smqvXu2P5qV6c3r0PQ2 content esgSubNav
In This List

Procter & Gamble profit misses consensus by 23.7% in fiscal Q2

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Procter & Gamble profit misses consensus by 23.7% in fiscal Q2

Procter & Gamble Co. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, amounted to 86 cents per share, compared with the S&P Capital IQ consensus estimate of $1.13 per share.

EPS fell year over year from 88 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.48 billion, a decline from $2.56 billion in the year-earlier period.

The normalized profit margin declined to 11.6% from 12.1% in the year-earlier period.

Total revenue decreased year over year to $20.16 billion from $21.10 billion, and total operating expenses declined year over year to $16.04 billion from $16.80 billion.

Reported net income decreased 9.3% on an annual basis to $2.95 billion, or $1.02 per share, from $3.25 billion, or $1.12 per share.