Procter & Gamble’s price hikes boosted its earnings in the latest quarter, the company reported Tuesday, indicating that inflation-battered consumers haven’t turned away from the company’s higher-priced household items.Aside from price increases largely fueling sales growth, shoppers also bought more products across P&G’s beauty lines and health and family care offerings.P&G said that its organic sales rose 4% in the second quarter of its 2024 fiscal year compared to the same period in 2023. The sales metr ...

Key PointsProctor & Gamble had a solid quarter with impressive margins.Cash flow and FCF are sufficient to sustain the outlook for capital returns and capital return growth. Analysts view this stock as undervalued and forecast a double-digit upside for the market. 5 stocks we like better than Procter & GambleProctor & Gamble’s NYSE: PG stock price entered consolidation following the  COVID-19 bubble, but its uptrend is intact, and a trend-following signal is in play. Because the stock has sustained such a p ...

Procter & Gamble (PG) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.24%. A quarter ago, it was expected that this world's largest consumer products maker would post earnings of $1.71 per share when it actually produced earnings of $1.83, delivering a surprise of 7.02%.Over the las ...

About this content About Jeremy Cutler Jeremy has worked extensively in the world of financial journalism as a reporter at ICV News, deputy editor at S&P Marketscope and as a senior reporter for Thomson Financial’s Marketeye.  A qualified accountant, former finance director and with a degree in Economics, Jeremy is well placed to analyse and explain the ups and downs of UK, European and US stockmarkets in Proactive’s daily market report Read more About the publisher Proactive financial news and online br ...

Procter & Gamble Co.’s stock PG, +0.20% rose 1.2% premarket Tuesday, after the consumer goods giant beat profit estimates for its fiscal second quarter as it again raised prices. The Cincinnati-based company posted net income of $3.468 billon, or $1.40 a share, for the quarter to Dec. 31, down from $3.933 billion, or $1.59 a share, in the year-earlier period. Adjusted per-share earnings came to $1.84, well ahead of the $1.70 FactSet consensus. Sales rose 3% to $21.441 billion from $20.733 billion year ago, ...

A Procter & Gamble (P&G) logo is seen during the 6th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 7, 2023 in Shanghai, China.Procter & Gamble on Tuesday reported mixed quarterly earnings and revenue for its fiscal second quarter.Shares of the company rose less than 1% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) x TrueQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 31, 2023 OR o FalseTRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to THE PROCTER & GAMBLE COMPANY (Exact name of registrant as specified in its charter) Ohio OH 1-434 31-0411980 (State of Incorporation) (Commiss ...

Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$21.6 billion$21.9 billion$20.8 billionEarnings Per Share$1.59$1.83$1.59Net Income$3.9 billion$4.5 billion$3.9 billion Key Metric P&G beat on earnings the past two quarters, showing consumers largely accepted the price increases that inflation pressed on its consumer products, which include Tide, Pampers, Bounty and Charmin. With inflation trending lower in recent months, Investors will be looking to see if P&G again raises prices in the second quarter. F ...

The Procter & Gamble Company (PG) is set to report second-quarter fiscal 2024 results on Jan 23, 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 second-quarter earnings is pegged at $1.71 per share, indicating a 7.6% increase from the year-ago quarter’s reported figure. The consensus mark has been unchanged in the past 30 days. For fiscal second-quarter revenues, the consensus mar ...

Joe RaedleBackground The Procter & Gamble Company (NYSE:PG), the storied company which operates a plethora of ubiquitous brands across multiple segments of the consumer staples market, is set to report earnings next week. While the stock may not be the most exciting thing out there (it has a 0.44 5-year monthly Beta against the wider market), it is nonetheless a stalwart of many dividend-seeking portfolios. The low beta, however, is not to say that the stock doesn't come close to keeping pace--indeed it ...