Procter & Gamble reported better-than-expected earnings, but its quarterly revenue fell short of Wall Street's estimates.Volume excludes pricing, making the metric a more accurate reflection of demand than sales. Over the last several years, P&G's price hikes across its portfolio, from diapers to detergent, fueled its sales growth, but volume flattened or even declined as consumers bought less of its products.Sign up for our free Olympics Headlines newsletter.
Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Revenue: $20.53 billion vs. $20.74 billion expected P&G reported fiscal fourth-quarter net income attributable to the company of $3.14 billion, or $1.27 per share, down from $3.38 billion, or $1.37 per share, a year earlier.of $20.53 billion were flat compared with the year-ago period.
For fiscal 2025, P&G anticipates core net earnings per share in a range of $6.91 to $7.05. The company reiterated its revenue outlook of 2% to 4% growth.