Financial News
Procter & Gamble Earnings: What To Look For From PG
Consumer products behemoth Proctor & Gamble (NYSE: PG) will be reporting results this Tuesday morning. Here’s what investors should know.
Procter & Gamble missed analysts’ revenue expectations by 1.9% last quarter, reporting revenues of $19.78 billion, down 2.1% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EBITDA estimates but full-year EPS guidance slightly missing analysts’ expectations.
Is Procter & Gamble a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Procter & Gamble’s revenue to grow 1.6% year on year to $20.85 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $1.42 per share.

Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 9 downward revisions over the last 30 days (we track 14 analysts). Procter & Gamble has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Procter & Gamble’s peers in the consumer staples segment, some have already reported their Q2 results, giving us a hint as to what we can expect. WD-40 delivered year-on-year revenue growth of 1.2%, missing analysts’ expectations by 2.3%, and USANA reported revenues up 10.8%, topping estimates by 4.7%. WD-40’s stock price was unchanged after the resultswhile USANA was up 12.4%.
Read our full analysis of WD-40’s results here and USANA’s results here.
There has been positive sentiment among investors in the consumer staples segment, with share prices up 5.3% on average over the last month. Procter & Gamble’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $171.71 (compared to the current share price of $158.10).
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
More News
View MoreQuotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.