Procter & Gamble tops Wall Street's expectations in its fiscal second quarter.
Procter & Gamble beat Wall Street's estimates for its quarterly earnings and revenue. The company's volume rose 1% in its fiscal second quarter as demand for household staples like toilet paper and cleaning products rose.
Procter & Gamble beat second-quarter sales estimates on Wednesday, as the Pantene shampoo maker's efforts to bring newer versions of its products to the market across various price tiers attracted more customers in the United States.
Procter & Gamble Co PG will be reporting its second-quarter earnings on Wednesday. Wall Street expects $1.86 in EPS and $21.54 billion in revenues as the company reports before market hours.
Proctor & Gamble (PG) is set to report fiscal second-quarter earnings before the opening bell Wednesday, with analysts calling for revenue and earnings growth.
Procter & Gamble and Coca-Cola, despite recent pullbacks, remain strong long-term dividend investments due to their resilient business models and consistent dividend histories. Both companies face short-term headwinds from high interest rates and shifting consumer sentiment but maintain strong fundamentals and well-covered dividends. Procter & Gamble offers a 2.44% yield, with a safe payout ratio of 73%, and Coca-Cola offers a 3.14% yield, with a safer payout ratio of 62%.
A new lawsuit accuses Procter & Gamble of deceiving Charmin purchasers with misleading environmental claims, known as greenwashing, about how it sources its toilet paper.
Beyond analysts' top -and-bottom-line estimates for P&G (PG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
PG's Q2 results should benefit from brand strength and solid strategies, offset by issues in Greater China, geopolitical tensions and currency volatility.
P&G (PG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Procter & Gamble's stock looks weak technically, with no signs of a reversal and potential further declines, especially with poor seasonality in January and February. Fundamentals don't support a higher price; EPS growth is modest, and negative revisions dominate. Organic sales and margins are critical for the upcoming earnings report. The strong US Dollar poses a significant headwind, potentially leading to negative guidance revisions, impacting PG's revenue and earnings from international markets.
Procter & Gamble (PG) closed the most recent trading day at $159.74, moving +0.57% from the previous trading session.