Examining the Future: Procter & Gamble's Earnings Outlook

Procter & Gamble (NYSE:PG) is set to give its latest quarterly earnings report on Friday, 2024-10-18. Here's what investors need to know before the announcement.

Analysts estimate that Procter & Gamble will report an earnings per share (EPS) of $1.90.

Investors in Procter & Gamble are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.03, leading to a 0.58% drop in the share price the following trading session.

Here's a look at Procter & Gamble's past performance and the resulting price change:

Quarter

Q4 2024

Q3 2024

Q2 2024

Q1 2024

EPS Estimate

1.37

1.30

1.70

1.71

EPS Actual

1.40

1.52

1.84

1.83

Price Change %

-1.0%

1.0%

-1.0%

-1.0%

Stock Performance

Shares of Procter & Gamble were trading at $172.38 as of October 16. Over the last 52-week period, shares are up 16.58%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Procter & Gamble

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Procter & Gamble.

Analysts have provided Procter & Gamble with 14 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $172.64, suggesting ...