Wall Street analysts expect Procter & Gamble (PG) to post quarterly earnings of $1.42 per share in its upcoming report, which indicates a year-over-year increase of 3.7%. Revenues are expected to be $20.48 billion, up 2.1% from the year-ago quarter.The current level reflects a downward revision of 0.3% 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 com ...

The Procter & Gamble Company (PG) is set to report third-quarter fiscal 2024 results on Apr 18, before the opening bell. The company is expected to have witnessed sales and earnings growth in the to-be-reported quarter.The Zacks Consensus Estimate for the company’s fiscal third-quarter earnings is pegged at $1.42 per share, indicating a 3.7% increase from the year-ago quarter’s reported figure. The consensus mark has been unchanged in the past 30 days. For fiscal third-quarter revenues, the consensus mark i ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Procter & Gamble (PG) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 19, 2024, might help the stock move higher if these key numbers are better than ex ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Procter & Gamble (PG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.P&G currently has an average brokerage recommendation (AB ...

Procter & Gamble (PG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this world's largest consumer products maker have returned -3.4%, compared to the Zacks S&P 500 composite's +1.7% change. During this period, the Zacks Soap and Cleaning Materials industry, which P&G falls in, has lost 2.5%. The key question now is: What could be the stock's future dire ...

P&G Recall Of 8.2 Million Bags Of Tide Is Reputation Risk Courtesy of Mike Edmisten via 24/7 Wall St. Procter & Gamble (NYSE: PG), one of the largest consumer products companies in the world, recalled 8.2 million “defective bags” of Tide Pods, Gain Flings, Ace Pods, and Ariel Pods liquid laundry detergent. According to the US Product Safety Administration, the bags can rip open and be ingested by children. They can also injure the eyes and skin.P&G said that customers can return the products and get refun ...

Over 8 million bags of liquid laundry detergent packets distributed in the U.S., including Tide and Gain, were recalled by Procter & Gamble Friday due to a "risk of serious injury" involving the product packaging.According to the Consumer Product Safety Commission, the recall includes certain lot codes of Tide Pods, Gain Flings, Ace Pods, and Ariel Pods liquid laundry detergent packets packaged in flexible film bags that were manufactured between September 2023 and February 2024.The recall states approximat ...

The Procter & Gamble Company (PG) has been gaining from robust pricing and a favorable mix, along with strength across segments. The company’s focus on productivity and cost-saving plans positions it to drive margins in the near term. Continued business investments also bode well.This led to the bottom line beating the consensus mark for the sixth consecutive quarter in the second quarter of fiscal 2024. Sales and earnings improved year over year. The company’s organic sales grew, driven by robust pricing, ...

Procter & Gamble announced a voluntary recall Friday of more than 8 million defective bags of Tide Pod and other laundry detergent packets amid safety concerns, after receiving multiple reports of children in the U.S. accessing the detergent in the pods.The recall affects more than 8 million Tide Pods, Gain Flings, Ace Pods, and Ariel Pods liquid laundry detergent packets sold in the U.S. manufactured between last September and February 2024, according to the recall notice. More than 56,000 lots of the pro ...

A reliable and generous dividend anchors one of the strongest consumer goods businesses on the scene.Procter & Gamble (PG -2.75%) is, for many investors, a classic dividend stock that is happy to pay a consistently increasing disbursement to its shareholders on the regular. However, it's also got enough potential to power its share price notably higher.One analyst feels P&G's stock can manage a double-digit percentage gain over the next year or so. Let's crunch a few numbers to try and gauge how accurate hi ...