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What to Expect From Procter & Gamble's Next Quarterly Earnings Report
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Cincinnati, Ohio-based The Procter & Gamble Company (PG) provides high-quality, daily-use products across a diverse portfolio of categories. Valued at a market cap of $335.7 billion, the company manages iconic brands such as Tide, Pampers, Gillette, Oral-B, and Head & Shoulders. It is scheduled to announce its fiscal Q3 earnings for 2026 before the market opens on Friday, Apr. 24. Ahead of this event, analysts expect this household and personal products company to report a profit of $1.57 per share, up nearly 2% from $1.54 per share in the year-ago quarter. The company has met or topped Wall Street’s earnings estimates in each of the last four quarters. In Q2, PG’s EPS of $1.88 outpaced the consensus estimates by a penny. Bye Bye, AMD! Cathie Wood Ditches 57K Advanced Micro Shares The Strait of Hormuz Crisis Isn't Ending Anytime Soon. 3 Charts I'm Watching to Determine What Comes Next. Intel Has Unusual Put Option Volume - Signals Upside in INTC Stock Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the current fiscal year, ending in June, analysts expect PG to report a profit of $6.97 per share, representing a 2.1% increase from $6.83 per share in fiscal 2025. Its EPS is expected to further grow 4.7% year-over-year to $7.30 in fiscal 2027. PG has declined 15.5% over the past 52 weeks, trailing both the S&P 500 Index's ($SPX) 16.4% return and the State Street Consumer Staples Select Sector SPDR ETF’s (XLP) marginal drop over the same time period. On Jan. 22, PG shares surged 2.7% after delivering mixed Q2 results. On the downside, the company’s revenue of $22.2 billion missed analyst expectations of $22.3 billion. Nonetheless, its adjusted EPS of $1.88 topped consensus estimates of $1.87. Additionally, PG expects its fiscal 2026 adjusted EPS to be in the range of $6.83 to $7.09. Wall Street analysts are moderately optimistic about PG’s stock, with a "Moderate Buy" rating overall. Among 25 analysts covering the stock, 10 recommend "Strong Buy," four advise "Moderate Buy,” and 11 suggest "Hold." The mean price target for PG is $167.95, indicating a 16.6% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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