Examining the Future: Procter & Gamble's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Procter & Gamble (NYSE:PG) is set to release its quarterly earnings report on October 18, 2024, with analysts estimating an EPS of $1.90. Despite a previous earnings beat, the stock saw a slight decline, highlighting the importance of future projections. Analysts have a Neutral consensus on PG, with a slight potential upside. The company's revenue growth lags behind peers, but it maintains strong net margins and effective debt management.
October 17, 2024 | 2:00 pm
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Procter & Gamble is expected to report an EPS of $1.90. Despite a previous earnings beat, the stock price fell, indicating the market's focus on future guidance. Analysts have a Neutral rating with a slight potential upside. Revenue growth is a concern, but strong net margins and debt management are positives.
The upcoming earnings report is crucial for PG as it will reveal if the company can meet or exceed the EPS estimate of $1.90. The market's reaction to past earnings beats has been negative, suggesting that future guidance will be key. Analysts' Neutral rating and slight upside potential indicate moderate expectations. Revenue growth concerns may weigh on the stock, but strong net margins and effective debt management are positive factors.
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