The Procter & Gamble Company PG has reported first-quarter fiscal 2027 core earnings of $2.00 per share, rising 1% year over year and beating the Zacks Consensus Estimate of $1.89. Higher sales and productivity savings supported earnings, partly offset by increased operating costs. Net sales rose 4% year over year to $23.28 billion, surpassing the consensus mark of $22.71 billion. Organic sales grew 4%, driven by 2.4% volume growth, a 1.1% favorable mix contribution and a 0.4% pricing benefit. Foreign exchange had a neutral impact on sales growth. Our model predicted organic sales growth of 0.5% for the reported quarter.
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