FMP
Jan 23, 2023 8:06 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
The Procter & Gamble Company (NYSE:PG) reported its Q2 results on Thursday, highlighted by a decrease in net sales, which was due to the strong U.S. dollar negatively impacting international demand for PG’s consumer goods.
Net sales came in at $20.8 billion (down 1% year-over-year). The company, which generates over half of its income from international markets, announced that an "adverse" foreign exchange market had a 6% impact on net sales. Despite this, the figure was slightly above the Street estimate of $20.74 billion. The company reported Q2 EPS of $1.59, compared to the Street estimate of $1.58.
The higher pricing, however, likely allowed gross margins to finish roughly in line with Street expectations (47.5% vs. Street’s 47.3%). Growth across Beauty, Grooming, and Health Care lagged expectations, while Fabric & Home Care came in stronger (Baby, Feminine, & Family Care in line).
The company provided its outlook for fiscal 2023, raising its all-in sales guidance to (1%)-0% from prior (3%)-(1%). 2023 EPS growth guidance was maintained at 0-4%.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...