Categories Consumer, Earnings

Earnings preview: What to look for when Procter & Gamble reports Q3 results

The Procter & Gamble Company (PG) is scheduled to report its earnings results for the third quarter of 2019 on April 23, before the market opens. The Street expects earnings to increase 4% year-over-year to $1.04 per share. Revenue is estimated to inch up slightly by 0.6% to $16.3 billion.

Looking at the past four quarters, P&G has consistently topped earnings estimates, which provides a sense of optimism. The changing trends in the retail industry have taken a toll on the company’s sales which are moving at a sluggish pace. However, its diverse product portfolio coupled with brand loyalty provide the consumer goods giant with an advantage in this environment.

P&G continues to face pressures from high costs and currency fluctuations. The company has been implementing several measures to improve its products and reduce costs and these efforts are likely to help margins. P&G’s performance could also see a benefit from the various strategic acquisitions it has made over the past couple of months.

For the second quarter of 2019, P&G reported better-than-expected earnings which were up 30% year-over-year. Net sales remained flat at $17.4 billion. The Beauty segment has shown momentum over the past two quarters while the weakness persists in Grooming.

P&G Q2 earnings beat estimates
The Procter Gamble Company Q2 2019 Earnings Infographic

For fiscal 2019, P&G expects organic sales to grow 2-4% and core earnings to increase 3-8%. GAAP diluted net EPS is expected to rise 17-24%.

P&G’s shares have rallied over 35% in the trailing 12-month period and the stock has gained over 16% so far this year.


Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

FDX Earnings: FedEx Q1 adjusted earnings drop; revenue up 5%

Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted

Key highlights from Darden Restaurants (DRI) Q1 2023 earnings results

Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results. Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%. Net earnings amounted to

ACN Earnings: Key quarterly highlights from Accenture’s Q4 2022 financial results

Accenture (NYSE: ACN) reported fourth quarter 2022 earnings results today. Total revenues were $15.4 billion, up 15% year-over-year in US dollars and up 22.4% in local currency. Net income attributable


  1. Pingback: teak furniture
  2. Pingback: ไฮโล
  3. Pingback: ff tool pro
  4. Pingback: ffh4x v41 download
  5. Pingback: ThopTV APK Pro
  6. Pingback: tiktok 18
  7. Pingback: enlevement epave
  8. Pingback: enlevement epave
  9. Pingback: Epaviste
  10. Pingback: enlevement epave
  11. Pingback: enlevement epave
  12. Pingback: sa casino
  13. Pingback: เว็บ123
  14. Pingback: ไพ่แคง
  15. Pingback: sexy
  16. Pingback: ps5 on sale
  17. Pingback: Epaviste gratuit
  18. Pingback: Equality
  19. Pingback: pink runtz
  20. Pingback: FLINTLOCK PISTOL
  21. Pingback: CZ P10C FOR SALE
  22. Pingback: Glock 43x
  23. Pingback: amando
  24. Pingback: Buy This Domain
  25. Pingback: fishscale cocaine
  26. Pingback: buy 5meo dmt
  27. Pingback: classic books
  28. Pingback: Las Vegas models
  29. Pingback: Buy This Domain
  30. Pingback: pgslot
  31. Pingback: Apple Iphone
  32. Pingback: life coach school
  33. Pingback: learn typing
  34. Pingback: russian books
  35. Pingback: poster 1988
  36. Pingback: vintage posters

Comments are closed.

Add Comment
Viewing Highlight