Procter & Gamble (PG) Faces Flat Profit in Upcoming Earnings Report

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2 days ago

Highlights:

  • Procter & Gamble (PG, Financial) is poised to announce its fiscal Q3 results on April 24, with analysts projecting stable EPS and revenue figures.
  • Consensus among Wall Street analysts suggests a moderate upside potential, and a sound "Outperform" recommendation persists.
  • Valuation risks are flagged due to recent EPS and revenue estimate downgrades.

Upcoming Procter & Gamble Earnings Release

As Procter & Gamble (PG) approaches its fiscal third-quarter earnings announcement on April 24, investors are keenly watching the expected static profit margins. Analysts have forecasted earnings per share (EPS) to settle at $1.53 with revenue projections standing at $20.15 billion. Despite a generally optimistic sentiment from Wall Street, apprehensions around valuation risks loom large due to declining EPS and revenue estimate revisions.

Wall Street Analysts Insights

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Current projections by 25 analysts suggest a one-year price target for Procter & Gamble Co (PG, Financial) averaging at $178.81. The estimates range from a high of $200.00 to a low of $144.22, indicating a potential upside of 7.86% from the present trading price of $165.79. For more comprehensive estimate data, refer to the detailed analyses on the Procter & Gamble Co (PG) Forecast page.

The "Outperform" status for Procter & Gamble Co, based on the consensus recommendation from 29 brokerage firms, assigns it an average rating of 2.2. This recommendation scale spans from 1, signifying a Strong Buy, to 5, which indicates a Sell.

Valuation Considerations with GuruFocus Metrics

According to GuruFocus assessments, the GF Value for Procter & Gamble Co (PG, Financial) in the forthcoming year is projected at $166.64. This represents a modest upside of 0.52% from the current price of $165.785. The GF Value embodies an estimation of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance predictions. Detailed insights are available on the Procter & Gamble Co (PG) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.