P&G (PG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Procter & Gamble (PG) reported revenue of $21.88 billion for the quarter ended December 2024, reflecting a 2.1% increase year-over-year and a surprise of +1.33% over the Zacks Consensus Estimate of $21.6 billion [1] - Earnings per share (EPS) for the quarter was $1.88, up from $1.84 in the same quarter last year, with an EPS surprise of +1.08% compared to the consensus estimate of $1.86 [1] Financial Performance Metrics - Organic Sales Growth for Beauty was 2%, exceeding the estimated -0.7% [4] - Organic Sales Growth for Grooming was 2%, slightly below the estimated 3.2% [4] - Organic Sales Growth for Health Care was 3%, below the estimated 5.9% [4] - Organic Sales Growth for Baby, Feminine & Family Care was 4%, significantly above the estimated 0.6% [4] - Organic Sales Growth for Fabric & Home Care was 3%, in line with the estimated 3.1% [4] - Total Organic Sales Growth for P&G was 3%, surpassing the estimated 2.2% [4] Net Sales Performance - Net sales for Beauty reached $3.85 billion, exceeding the average estimate of $3.76 billion, with no year-over-year change [4] - Net sales for Grooming were $1.75 billion, slightly above the estimated $1.74 billion, representing a +1% change year-over-year [4] - Net sales for Corporate were $159 million, significantly above the average estimate of $130.32 million, reflecting a +26.2% year-over-year change [4] - Net sales for Fabric & Home Care were $7.58 billion, slightly above the estimated $7.55 billion, with a +2.2% year-over-year change [4] - Net sales for Baby, Feminine & Family Care were $5.30 billion, exceeding the estimated $5.12 billion, representing a +3% change year-over-year [4] - Net sales for Health Care were $3.25 billion, below the estimated $3.33 billion, with a +2.4% year-over-year change [4] Stock Performance - P&G shares have returned -4.3% over the past month, contrasting with the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]