LONDON (MarketWatch) -- The Procter & Gamble Company said that its fourth-quarter net income declined 12% to $2.19 billion, or 71 cents a share, from $2.47 billion, or 80 cents a share, in the year-ago period. Analysts had been expecting earnings per share of 73 cents, according to data compiled by FactSet. The firm said that increased marketing spend offset sales growth. Sales increased 5% to $18.9 billion while volume growth accelerated to 8%, the fastest pace of organic growth in 22 quarters. "We are executing on all three dimensions of our growth strategy," said CEO Bob McDonald. Net sales are expected to increase 2% to 4% in fiscal 2011, with organic sales up 4% to 6%. Net earnings from continuing operations and core EPS are expected in a range of $3.91 to $4.01. First-quarter net sales growth is estimated at between 1% and 3% with organic sales up by between 3% and 5%. Procter & Gamble profit down 12%, sales up 5%
LONDON (MarketWatch) -- The Procter & Gamble Company said that its fourth-quarter net income declined 12% to $2.19 billion, or 71 cents a share, from $2.47 billion, or 80 cents a share, in the year-ago period. Analysts had been expecting earnings per share of 73 cents, according to data compiled by FactSet. The firm said that increased marketing spend offset sales growth. Sales increased 5% to $18.9 billion while volume growth accelerated to 8%, the fastest pace of organic growth in 22 quarters. "We are executing on all three dimensions of our growth strategy," said CEO Bob McDonald. Net sales are expected to increase 2% to 4% in fiscal 2011, with organic sales up 4% to 6%. Net earnings from continuing operations and core EPS are expected in a range of $3.91 to $4.01. First-quarter net sales growth is estimated at between 1% and 3% with organic sales up by between 3% and 5%. 
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Beneficio Procter & Gamble cae más de lo esperado
Procter & Gamble ha anunciado hoy que su beneficio en su cuarto trimestre ha caído un 12% hasta los 2.190 millones de dólares, 71 centavos por acción, frente a los 2.470 millones del mismo periodo del año anterior, 80 centavos por acción. Los analistas esperaban un beneficio de 73 centavos por acción.
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