Procter & Gamble (NYSE:PG) unveils its next round of earnings this Thursday, January 23. Here is Benzinga’s everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Wall Street analysts see Procter & Gamble reporting earnings of $1.37 per share on revenue of $18.35 billion.
Procter & Gamble reported a profit of $1.25 when it published results during the same quarter last year. Sales in that period totaled $17.44 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 9.60%. Sales would be have grown 5.23% from the same quarter last year. Procter & Gamble’s reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 |
| EPS Estimate | 1.240 | 1.050 | 1.030 | 1.21 |
| EPS Actual | 1.370 | 1.100 | 1.060 | 1.25 |
Stock Performance
For a full 12 months, the return has risen by 37.92%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on Procter & Gamble stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Procter & Gamble is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: http://www.pginvestor.com/Presentations-and-Events