- P&G Posts Quarterly Profit, Plans Buybacks
August 3, 2012 — Procter & Gamble Co., parent company of Procter & Gamble Professional, has reported fiscal-fourth-quarter earnings of US$3.63 billion, or $1.24 per share, up from $2.51 billion, or $0.84 per share, a year earlier.
The company’s core earnings, or profit from continuing operations excluding items, were $0.82 per share, which surpassed its June forecast of $0.75 to $0.79 per share, according to Reuters.
Additionally, Procter & Gamble plans to repurchase $4 billion of its shares this fiscal year.
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About Procter & Gamble Professional
Procter & Gamble Professional is the away-from-home division of Procter & Gamble serving the foodservice, building cleaning and maintenance, hospitality, and convenience store industries. For more information, visit www.pgpro.com.
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