Insights Into P&G (PG) Q2: Wall Street Projections for Key Metrics

Core Viewpoint - Procter & Gamble (PG) is expected to report quarterly earnings of $1.87 per share, reflecting a year-over-year decline of 0.5%, with revenues projected at $22.23 billion, an increase of 1.6% compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.1%, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue and Sales Projections - Analysts estimate 'Net Sales- Beauty' will reach $4.00 billion, a change of +3.8% from the prior-year quarter [5]. - 'Net Sales- Grooming' is projected at $1.81 billion, indicating a +3.1% change from the year-ago quarter [5]. - 'Net Sales- Corporate' is expected to be $166.23 million, reflecting a +4.6% change from the previous year [5]. - 'Net Sales- Fabric & Home Care' is anticipated to reach $7.70 billion, a +1.7% change from the prior-year quarter [6]. - 'Net Sales- Baby, Feminine & Family Care' is projected at $5.30 billion, showing a +0.1% change from the year-ago quarter [6]. - 'Net Sales- Health Care' is estimated at $3.32 billion, indicating a +2.1% change from the previous year [7]. Organic Sales Growth - The overall 'Organic Sales Growth (YoY change) - Total P&G' is expected to be 0.4%, down from 3.0% in the previous year [7]. - 'Organic Sales Growth (YoY change) - Baby, Feminine & Family Care' is forecasted at -1.9%, compared to 4.0% last year [7]. - 'Organic Sales Growth (YoY change) - Fabric & Home Care' is estimated at 0.2%, down from 3.0% in the prior year [8]. - The consensus for 'Organic Sales Growth (YoY change) - Health Care' stands at 1.2%, compared to 3.0% reported in the same quarter last year [8]. Earnings Before Income Taxes - 'Earnings before income taxes- Beauty' is expected to be $1.07 billion, compared to $996.00 million in the previous year [9]. - 'Earnings before income taxes- Grooming' is projected at $577.96 million, up from $568.00 million reported last year [9]. Stock Performance - Over the past month, P&G shares have recorded a return of -0.6%, while the Zacks S&P 500 composite has increased by +2% [9].