Procter & Gamble's Earnings: A Preview

On Tuesday, October 20, Procter & Gamble PG will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Based on Procter & Gamble management projections, analysts predict EPS of $1.41 on revenue of $18.32 billion. Procter & Gamble reported a per-share profit of $1.37 when it published results during the same quarter last year. Sales in that period totaled $17.80 billion. The analyst consensus estimate would represent a 2.92% increase in the company's earnings. Revenue would be up 2.93% on a year-over-year basis. Procter & Gamble's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Shares of Procter & Gamble were trading at $144.37 as of October 16. Over the last 52-week period, shares are up 18.94%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Procter & Gamble is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/pg2/mediaframe/39369/indexr.html