P&G Announces Fourth Quarter and Fiscal Year 2024 Results

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Procter & Gamble (PG) PT Raised to $164 at RBC Capital

July 31, 2024 6:26 AM EDT

RBC Capital analyst Nik Modi raised the price target on Procter & Gamble (NYSE: PG) to $164.00 (from $157.00) while maintaining a Sector Perform rating.

The analyst comments "Given relative outperformance into the quarter, we are not surprised by PGs sell-off post earnings, especially... More

Procter & Gamble (PG) shares slide as revenue misses analyst consensus estimate

July 30, 2024 7:06 AM EDT

(Updated - July 30, 2024 7:20 AM EDT)

Shares of Procter & Gamble (NYSE: PG) fell 2.6% premarket as the consumer goods giant reported a revenue miss in its fourth quarter despite posting a slight earnings per share (EPS) beat.

The company's Q4 EPS came in at $1.40, $0.03 above the analyst estimate of $1.37. However, revenue for the... More

Procter & Gamble (PG) Tops Q4 EPS by 3c, Offers Guidance

July 30, 2024 6:57 AM EDT

Procter & Gamble (NYSE: PG) reported Q4 EPS of $1.40, $0.03 better than the analyst estimate of $1.37. Revenue for the quarter came in at $20.53 billion versus the consensus estimate of $20.73 billion.

GUIDANCE:

Procter & Gamble sees FY2025 EPS of $6.91-$7.05, versus the consensus of $6.96.

P&G expects fiscal year 2025 all-in sales growth in the range of two to four percent versus the prior year. Foreign exchange is expected to be a headwind of approximately one percentage point to... More