Procter & Gamble (NYSE:PG) Releases Earnings Results, Beats Expectations By $0.03 EPS

Procter & Gamble (NYSE:PGGet Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03, Briefing.com reports. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The company had revenue of $20.53 billion for the quarter, compared to analyst estimates of $20.69 billion. During the same period in the prior year, the firm posted $1.37 EPS. The company’s quarterly revenue was down .1% on a year-over-year basis. Procter & Gamble updated its FY 2025 guidance to 6.910-7.050 EPS and its FY25 guidance to $6.91-7.05 EPS.

Procter & Gamble Stock Performance

NYSE:PG traded down $0.94 on Wednesday, reaching $160.76. 9,618,854 shares of the company’s stock were exchanged, compared to its average volume of 6,579,594. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.69 and a quick ratio of 0.48. The firm has a market cap of $379.42 billion, a price-to-earnings ratio of 26.27, a P/E/G ratio of 3.19 and a beta of 0.41. Procter & Gamble has a 52 week low of $141.45 and a 52 week high of $170.92. The stock has a fifty day simple moving average of $166.32 and a 200-day simple moving average of $161.89.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Friday, July 19th will be given a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, July 19th. This represents a $4.03 dividend on an annualized basis and a yield of 2.50%. Procter & Gamble’s dividend payout ratio is presently 65.85%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on PG shares. Royal Bank of Canada boosted their target price on shares of Procter & Gamble from $157.00 to $164.00 and gave the company a “sector perform” rating in a research report on Wednesday. Jefferies Financial Group downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating and dropped their target price for the company from $182.00 to $175.00 in a research report on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Procter & Gamble from $171.00 to $176.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Barclays upped their price objective on shares of Procter & Gamble from $170.00 to $174.00 and gave the stock an “overweight” rating in a report on Friday, July 19th. Finally, TD Cowen started coverage on shares of Procter & Gamble in a report on Tuesday, July 23rd. They set a “buy” rating and a $189.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $174.52.

Read Our Latest Report on PG

Insider Transactions at Procter & Gamble

In related news, CEO Gary A. Coombe sold 21,388 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $164.98, for a total value of $3,528,592.24. Following the sale, the chief executive officer now directly owns 36,854 shares of the company’s stock, valued at $6,080,172.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Gary A. Coombe sold 21,388 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $164.98, for a total value of $3,528,592.24. Following the transaction, the chief executive officer now owns 36,854 shares in the company, valued at $6,080,172.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar G. Raman sold 31,924 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $166.95, for a total transaction of $5,329,711.80. Following the completion of the transaction, the chief executive officer now owns 19,042 shares in the company, valued at approximately $3,179,061.90. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 94,320 shares of company stock valued at $15,646,323. 0.17% of the stock is currently owned by corporate insiders.

About Procter & Gamble

(Get Free Report)

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.

See Also

Earnings History for Procter & Gamble (NYSE:PG)

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