Procter & Gamble (PG) has been trending among investors, with its stock returning +0.8% over the past month, lagging behind the Zacks S&P 500 composite’s +3.4% gain. The company is expected to report earnings of $1.37 per share for the current quarter, unchanged from the year-ago period. The consensus earnings estimate for the fiscal year is $6.55, representing a year-over-year growth of +11%, while the next fiscal year’s estimate is $6.97, up +6.3%.
P&G’s current quarter sales estimate stands at $20.81 billion, indicating a 1.3% increase year-over-year. For the fiscal years, it projects revenues of $84.32 billion and $87.18 billion, reflecting year-over-year changes of +2.8% and +3.4%, respectively. In the last reported quarter, P&G’s revenues reached $20.2 billion, marking a +0.6% increase compared to the same period last year, although it slightly missed the Zacks Consensus Estimate of $20.48 billion. P&G holds a Zacks Rank of #3 (Hold), suggesting it may perform in line with the broader market in the near term.
