The Procter & Gamble Company announced consolidated earnings results for second quarter and six months ended December 31, 2018. For the quarter, Net Sales were $17,438 million against $17,395 million a year ago. Operating income was $3,896 million against $3,919 million a year ago. Net earnings was $3,216 million against $2,561 million a year ago. Basic net earnings per share was $1.25 against $0.96 a year ago. Diluted earnings per share were $1.22 against $0.93 a year ago.

For the six months, Net Sales were $34,128 million against $34,048 million a year ago. Operating income was $7,450 million against $7,567 million a year ago. Net earnings was $6,427 million against $5,431 million a year ago. Basic net earnings per share was $2.51 against $2.05 a year ago. Diluted earnings per share were $2.44 against $2.00 a year ago.

The company now estimates fiscal 2019 all-in sales growth in the range of down 1% to up 1% versus the prior fiscal year, which includes a headwind of three to four percentage points to sales growth from foreign exchange. The net effect of acquisitions and divestitures should have a modest positive impact on all-in sales growth. The company also maintained its expectation for core earnings per share growth of 3% to 8% versus fiscal 2018 Core EPS of $4.22. On an all-in GAAP basis, diluted net earnings per share are expected to increase 17 to 24% versus the prior year.