Procter & Gamble Co reports results for the quarter ended December 31 - Earnings Summary

• Procter & Gamble Co PG.N reported quarterly adjusted earnings of $1.88​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.84. The mean expectation of twenty one analysts for the quarter was for earnings of $1.86 per share. Wall Street expected results to range from $1.82 to $1.90 per share.
• Revenue rose 2.1% to $21.88 billion from a year ago; analysts expected $21.54 billion.
• Procter & Gamble Co's reported EPS for the quarter was $1.88​.
• The company reported quarterly net income of $4.63 billion.
• Procter & Gamble Co shares had fallen by 3.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.2% in the last three months.​
• In the last 30 days, twelve analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."
• The average consensus recommendation for the personal products peer group is also "buy"

Wall Street's median 12-month price target for Procter & Gamble Co is $186.00

This summary was machine generated from LSEG data January 22 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)