Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ-Preview: Procter & Gamble is expected to report revenue growth and a decline in earnings per share in Thursday’s financial results

BUZZ-Preview: Procter & Gamble is expected to report revenue growth and a decline in earnings per share in Thursday’s financial results

路透社路透社2026/10/21 19:17
Show original

- ** On Wednesday, shares of Procter & Gamble (PG.N) fell 1.3% as investors closely watched the company’s comments on consumer demand and cost pressures, with its earnings report due before the opening on Thursday.

** According to London Stock Exchange Group (LSEG) forecasts, the consumer goods manufacturer’s quarterly revenue is expected to grow by 2% to $22.8 billion, while adjusted earnings per share are expected to drop from $1.99 a year ago to $1.88.

** In its July report (link), the company predicted slower sales and profit growth in fiscal year 2027, noting that the geopolitical and economic environment is full of challenges.

** Analyst ratings for the stock include 12 “strong buy” or “buy” recommendations, 14 “hold,” and one “sell.”

** Data from Trade Alert shows implied pricing for PG options indicates the stock may move 3.1% in either direction by this Friday; over the past eight quarters, the stock’s average move on earnings day was 1.7%.

** So far this year, PG shares are up about 10%, underperforming the roughly 13% gain of the S&P 500 Index .SPX but roughly in line with the Dow Jones Industrial Average .DJI.



(To assist non-English speakers, Reuters provides its reports in several other languages through automated translation. Since automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of automated translation and provides it solely for the convenience of readers. Reuters accepts no liability for any harm or losses arising from the use of the automated translation feature.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SAP (SAP.US) Q3 Revenue Surpasses 10 Billion Euros for the First Time; Full-Year Cloud Revenue Expected to Reach the Upper End of Guidance Range

SAP achieved a quarterly revenue milestone by surpassing 10 billions euros in the third quarter, with cloud business growth exceeding expectations, indicating that the artificial intelligence (AI) boom has not diminished market demand for its products. The company also expects its full-year cloud business revenue to reach the upper end of its previously guided range.

智通财经•2026/10/21 23:16

Lam Research (LRCX.US) Q1 revenue surges 54% year-on-year to a record high; results and guidance only slightly exceed expectations

Lam Research has announced its financial results for the first quarter of fiscal year 2027, which ended on September 27, 2026.

智通财经•2026/10/21 22:51