Many consumers may have traded down to private-label brands in earlier stages of the current period of high inflation, but now, according to Procter & Gamble, shoppers are consistently staying loyal to their favorite name brands.On a call with analysts Friday (April 19) discussing the consumer-packaged goods (CPG) giant’s third-quarter fiscal 2024 financial results, Chief Financial Officer Andre Schulten said consumers are sticking with national brands, no longer sacrificing them for lower-priced store-bran ...

The Procter & Gamble Company (NYSE:PG) Q3 2024 Results Conference Call April 19, 2024 8:30 AM ET Company Participants Andre Schulten - Chief Financial Officer John Chevalier - Senior Vice President, Investor Relations Conference Call Participants Lauren Lieberman - Barclays Steve Powers - Deutsche Bank Andrea Teixeira - JPMorgan Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Bonnie Herzog - Goldman Sachs Olivia Tong - Raymond James Chris Carey - Wells Fargo Securities Callum Elliott - Bern ...

The Procter & Gamble Company (PG) has reported third-quarter fiscal 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while sales missed the same. Sales and earnings improved year over year. The company’s organic sales grew, driven by robust pricing, along with strength across segments.Procter & Gamble’s core earnings of $1.52 per share increased 11% from $1.37 in the year-ago quarter. The figure also beat the Zacks Consensus Estimate of $1.42. The strong bottom-line results have stemme ...

News Release The Procter & Gamble Company One P&G Plaza Cincinnati, OH 45202 P&G ANNOUNCES FISCAL YEAR 2024 THIRD QUARTER RESULTS Net Sales +1%; Organic Sales +3% Diluted EPS and Core EPS $1.52, each +11% MAINTAINS FISCAL YEAR SALES AND CASH RETURN GUIDANCE RAISES EPS GROWTH GUIDANCE CINCINNATI, April 19, 2024 - The Procter & Gamble Company (NYSE:PG) reported third quarter fiscal year 2024 net sales of $20.2 billion, an increase of one percent versus the prior year. Organic sales, which excludes the impacts ...

The company just announced its 67th consecutive annual dividend hike.It happens with regularity every April, but investors still love to see Procter & Gamble (PG 0.32%) announce its new dividend each year.The consumer staples giant has one of the longest payout-boosting streaks on the market, with dividends rising each of the last 67 consecutive years. And P&G has been sending out dividend checks since it was founded in the '90s -- the 1890s, that is.The hike that management announced for 2024 is more gener ...

  Analyst Estimates for Q3 2024 Q2 2024Q3 2023 Revenue$20.45B$21.44B$20.07BAdjusted Earnings Per Share$1.41$1.84$1.37Adjusted Net Income $3.46B $4.53B$3.40B Key Metric: Prices Procter & Gamble rode higher prices to increased revenue in its December quarter. But the upcoming earnings report could show the lowest price increases by the consumer goods seller since the first quarter of fiscal 2022, with analysts forecasting that P&G will hike prices by 2.75% in the quarter. It could also be the first quarter ...

Cincinnati-based manufacturing giant Proctor & Gamble Co (NYSE:PG) is slated to step into the earnings confessional before the open on Friday, April 19. The company is expected to report fiscal third-quarter adjusted earnings of $1.42 per share on revenue of $20.5 billion -- a 3.7% and 2.1% year-over-year increase, respectively.  Looking at PG's earnings history, there's a precedent for positive post-earnings returns, with six of its eight next-day sessions ending higher. The last eight quarters produced an ...

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 ...