The Procter & Gamble Company (PG), headquartered in Cincinnati, Ohio, offers high-quality everyday products across a diverse portfolio of categories. Valued with a market capitalization of $335.7 billion, the company operates iconic brands such as Tide, Pampers, Gillette, Oral-B and Head & Shoulders. It is scheduled to announce its fiscal third quarter 2026 results before the market opens on Friday, April 24.
Ahead of this event, analysts expect the personal and home products company to post earnings of $1.57 per share, up nearly 2% from $1.54 per share in the prior-year quarter. The company has met or surpassed Wall Street earnings estimates in each of the last four quarters. In the second quarter, PG’s EPS of $1.88 beat consensus estimates by a cent.
For the current fiscal year, which ends in June, analysts expect PG to post earnings of $6.97 per share, up 2.1% from $6.83 per share in fiscal 2025. Its EPS is expected to further grow 4.7% year-over-year to $7.30 in fiscal 2027.
PG has declined 15.5% over the past 52 weeks, trailing the 16.4% return of the S&P 500 Index ($SPX) and the marginal decline of the State Street Consumer Staples Select Sector SPDR ETF (XLP) over the same time period.
On January 22, PG shares rose 2.7% after reporting mixed results in the second quarter. On the negative side, the company’s revenue of $22.2 billion missed analyst expectations of $22.3 billion. However, its adjusted earnings per share of $1.88 beat consensus estimates of $1.87. Additionally, PG expects its fiscal 2026 adjusted EPS to be in the range of $6.83 to $7.09.
Wall Street analysts are moderately bullish on PG stock, with an overall rating of “Moderate Buy.” Among the 25 analysts covering the stock, 10 recommend “Strong Buy”, four recommend “Moderate Buy” and 11 suggest “Hold”. The average price target for PG is $167.95, indicating a potential upside of 16.6% from current levels.
On the date of publication, Neharika Jain had no (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com