Wells Fargo raised the firm's price target on Procter & Gamble to $180 from $176 and keeps an Overweight rating on the shares. The bias on Procter & Gamble organic sales growth improved with the first quarter-over-quarter acceleration in nearly two years, anchored by strength in most of Procter & Gamble's key markets and a marked improvement in China, the firm says. Not perfect, but Procter & Gamble got more interesting today, adds Wells.
The Procter & Gamble Company (NYSE:PG ) Q2 2025 Earnings Conference Call January 22, 2025 8:30 AM ET Company Participants Andre Schulten - Chief Financial Officer Jon Moeller - Chairman, President, Chief Executive Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Steve Powers - Deutsche Bank Bryan Spillane - Bank of America Peter Grom - UBS Andrea Teixeira - JPMorgan Robert Ottenstein - Evercore ISI Bonnie Herzog - Goldman Sachs Filippo Falorni - Citi Chris Carey - Wells Fargo Securities Olivia Tong - Raymond James Kevin Grundy - BNP Paribas Kaumil Gajrawala - Jefferies Mark Astrachan - Stifel Edward Lewis - Redburn Atlantic Linda Bolton Weiser - D.A. Davidson Robert Moskow - TD Securities Korinne Wolfmeyer - Piper Sandler Operator Good morning, and welcome to Procter & Gamble's Quarter End Conference Call.
Procter & Gamble Co shares climbed on Wednesday after the consumer goods giant unveiled expectation-beating second-quarter figures on solid demand across the board. Earnings jumped 34% to US$4.63 billion over the quarter on a 2% increase in net sales to US$21.9 billion, P&G reported, outdoing analyst forecasts.
PG's Q2 results reflect robust organic sales rise, core EPS growth and strong cash returns to shareholders. It remains on track to reach its fiscal 2025 view.
Shares of Tide and Pampers parent Procter & Gamble (PG) rose 3% Wednesday after the consumer goods giant posted fiscal 2025 second-quarter net sales that topped Wall Street estimates.
Shares of household products giant Procter & Gamble (PG 3.02%) were gaining today after the maker of Crest toothpaste and Gillette razors posted another solid earnings report, edging out analyst estimates.
The way shoppers shop has changed over the past five years. However, as Procter & Gamble's second-quarter 2025 earnings showed, some things remain the same.
Although the revenue and EPS for P&G (PG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Consumer goods powerhouse Procter & Gamble (PG 3.28%) reported fiscal year 2025 second-quarter earnings on Wednesday, Jan. 22, that topped analyst consensus estimates. Core earnings per share (EPS) came in at $1.88 over the anticipated $1.86 while revenue reached $21.9 billion, exceeding projections by $400 million and improving by 2.3% from the second quarter of 2024.
P&G's stock powers up as profit and revenue rise above expectations, and the full-year outlook was affirmed.
Procter & Gamble (PG) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.84 per share a year ago.
P&G chairman, president and CEO Jon Moeller joins 'Squawk Box' to discuss the company's quarterly earnings results, strength of the consumer, weakening sales in China, impact of President Trump's tariffs proposals, impact of a stronger dollar, and more.