P&G(PG)

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Procter & Gamble Stock Gaps Lower on Mixed Results
Schaeffers Investment Research· 2024-07-30 14:08
Cincinnati-based consumer goods firm Procter & Gamble Co (NYSE:PG) reported mixed fiscal fourth-quarter results this morning. While earnings surpassed expectations as volume increased for the first time in more than two years thanks to strong demand for several key segments, revenue missed Wall Street's estimates. In response, PG was last seen 5.8% lower at $159.93.Options traders are targeting Procter & Gamble stock following the results. So far today, 11,000 puts and 11,000 calls have exchanged hands, whi ...
Procter & Gamble (PG) Q4 Earnings Top Estimates
ZACKS· 2024-07-30 13:05
Procter & Gamble (PG) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.19%. A quarter ago, it was expected that this world's largest consumer products maker would post earnings of $1.42 per share when it actually produced earnings of $1.52, delivering a surprise of 7.04%.Over the las ...
Procter & Gamble earnings beat estimates, but quarterly sales disappoint
CNBC· 2024-07-30 11:07
Procter & Gamble's Tide detergent can be seen on display at a new Wal-Mart store in Chicago January 24, 2012.Procter & Gamble on Tuesday reported mixed quarterly results, but the company's volume increased for the first time in more than two years.Volume excludes pricing, making the metric a more accurate reflection of demand than sales. Over the last several years, P&G's price hikes across its portfolio, from diapers to detergent, fueled its sales growth, but volume flattened or even declined as consumers ...
P&G(PG) - 2024 Q4 - Annual Results
2024-07-30 11:01
News Release The Procter & Gamble Company One P&G Plaza Cincinnati, OH 45202 P&G ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Q4 '24: Net Sales 0%; Organic Sales +2%; Diluted EPS -7%; Core EPS +2% FY '24: Net Sales +2%; Organic Sales +4%; Diluted EPS +2%; Core EPS +12% CINCINNATI, July 30, 2024 - The Procter & Gamble Company (NYSE:PG) reported fourth quarter and fiscal year 2024 results. "Fiscal year 2024 was another year of strong results for P&G," said Jon Moeller, Chairman of the Board, Presiden ...
Is Procter & Gamble (PG) a Smart Investment Pre-Q4 Earnings?
ZACKS· 2024-07-26 17:46
The Procter & Gamble Company (PG) , also known as P&G, is set to report fourth-quarter fiscal 2024 results on Jul 30, before the opening bell. The company is expected to have witnessed sales growth in the to-be-reported quarter.The Zacks Consensus Estimate for fiscal fourth-quarter revenues is pegged at $20.7 billion, suggesting a 0.9% rise from the prior-year quarter’s reported figure. The consensus mark for PG’s fiscal fourth-quarter earnings is pegged at $1.37 per share, indicating flat results compared ...
Procter & Gamble Earnings Preview: Tips For Buying Expensive Stocks Smartly
Seeking Alpha· 2024-07-26 14:43
Alones CreativeIntroduction The Procter & Gamble Company (NYSE:PG) is one of the stocks in my portfolio that I sometimes forget about - simply because the company is very robustly positioned and prudently managed. My last update on PG was published in April 2024, and in the article before that (October 2022) I looked at PG's free cash flow, including acquisitions, and compared it to its U.K. competitor Unilever plc (UL, OTCPK:UNLYF). P&G will report its fourth-quarter and full-year 2024 results on Tuesd ...
Gear Up for P&G (PG) Q4 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-07-25 14:20
Wall Street analysts expect Procter & Gamble (PG) to post quarterly earnings of $1.37 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $20.73 billion, up 0.9% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announces ...
Procter & Gamble (PG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-23 15:07
Procter & Gamble (PG) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are bette ...
Procter & Gamble (PG) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-07-22 23:05
The most recent trading session ended with Procter & Gamble (PG) standing at $168.25, reflecting a +0.17% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.08% gain on the day. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.The world's largest consumer products maker's shares have seen a decrease of 0.18% over the last month, not keeping up with the Consumer Staples sector's gain of 1.82% and the S&P 500's gain of 0.43%.Analysts and investor ...
Procter & Gamble (PG) Hits 52-Week High: Buy, Hold or Sell?
ZACKS· 2024-07-18 17:51
Core Viewpoint - Procter & Gamble (PG) has experienced a significant rise in stock price, reaching a new 52-week high, but faces challenges in key markets and a potentially unsustainable valuation [1][7]. Group 1: Stock Performance - PG shares hit a 52-week high of $170.17 before closing at $169.44, trading above both the 50-day and 200-day simple moving averages [1]. - Over the past year, PG's shares have increased by 12.8%, outperforming the broader industry which rose by 11.4%, while the Zacks Consumer Staples sector declined by 4.4% [1]. - In the last three months, PG's stock gained 7.6%, lagging behind the industry's 10.5% improvement, and in the past month, it showed a growth of only 1% compared to the industry's 1.1% rise [4]. Group 2: Business Model and Operations - PG operates in over 180 countries, providing a diversified revenue base that allows it to leverage growth in emerging markets while maintaining steady income from developed regions [2]. - The company has a wide-ranging portfolio of brands, including Tide, Gillette, Pampers, and Crest, which fosters strong brand loyalty and enables premium pricing [3]. - PG's focus on productivity and cost-saving initiatives has helped expand margins despite inflationary pressures, with the supply-chain 3.0 program enhancing productivity and scalability [3]. Group 3: Market Challenges - Organic sales in Greater China declined by 10% year over year, with brands like SK-II experiencing a 30% drop in sales, indicating challenges in the luxury skincare segment [5]. - Emerging markets in the Asia Pacific, Middle East, and Africa are facing soft volume trends due to geopolitical tensions affecting consumer spending [5]. - Currency volatility is expected to have a significant aftertax impact of $600 million for fiscal 2024, posing financial headwinds for PG [6]. Group 4: Valuation Concerns - PG is currently trading at a forward 12-month P/E multiple of 24.24X, which is above the industry average of 23X and the S&P 500's average of 22.07X, indicating a potentially unsustainable valuation [7]. - The premium valuation relative to industry peers raises concerns about the sustainability of PG's stock performance amid increasing competition and economic uncertainties [9].