Earnings Preview: Procter & Gamble (PG) Q1 Earnings Expected to Decline
P&GP&G(US:PG) ZACKS·2025-10-17 15:00

Core Viewpoint - Procter & Gamble (PG) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended September 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for PG's quarterly earnings is $1.90 per share, reflecting a year-over-year decrease of 1.6%, while revenues are projected to be $22.16 billion, representing a 1.9% increase from the previous year [3]. - The earnings report is scheduled for release on October 24, and the stock may rise if the reported figures exceed expectations, whereas a miss could lead to a decline [2]. Estimate Revisions - Over the past 30 days, the consensus EPS estimate has been revised downwards by 0.41%, indicating a collective reassessment by analysts regarding PG's earnings prospects [4]. - The Most Accurate Estimate for PG is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.30%, which suggests a bearish outlook from analysts [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from consensus estimates, with a positive ESP being a strong indicator of an earnings beat [8][9]. - However, the current combination of a negative Earnings ESP and a Zacks Rank of 4 (Sell) makes it challenging to predict an earnings beat for PG [11]. Historical Performance - In the last reported quarter, PG was expected to post earnings of $1.43 per share but exceeded this with actual earnings of $1.48, resulting in a surprise of +3.50% [12]. - Over the last four quarters, PG has beaten consensus EPS estimates three times, indicating some historical resilience [13]. Conclusion - While PG does not appear to be a compelling candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].