Procter & Gamble (NYSE:PG) Announces Earnings Results, Beats Expectations By $0.02 EPS

Procter & Gamble (NYSE:PG) issued its quarterly earnings data on Thursday. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.02, FiscalAI reports. The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business’s revenue was up 1.5% on a year-over-year basis. During the same period last year, the business earned $1.88 EPS. Procter & Gamble updated its FY 2026 guidance to 6.830-7.090 EPS.

Here are the key takeaways from Procter & Gamble’s conference call:

• Organic sales grew nearly 3% overall with seven of 10 categories holding or improving, but the U.S. lagged (organic sales down ~2%) and family care declined ~10% largely from prior‑period pantry loading and trade inventory effects.
• Core EPS was $1.88 (in line with prior year) while core gross margin fell ~50 bps and operating margin ~70 bps, partially offset by 270 basis points of productivity that was largely reinvested into innovation and demand creation.
• Management maintained fiscal 2026 guidance (organic sales in‑line to +4%, core EPS in‑line to +4%) and plans to return roughly $15 billion to shareholders via about $10 billion in dividends and $5 billion in repurchases.
• The company is pursuing a multi‑year “reinvention”—building integrated data/AI platforms, Supply Chain 3.0, and faster innovation and brand execution—with cited successes like Pampers Prestige (China), Downy Intense (Mexico), and Tide Boost as early proof points.
• Management cautioned the outlook is exposed to softer consumer markets, aggressive competition and geopolitical/commodity/currency risks, and reported a ~20 bps decline in global market share this quarter.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $149.88 on Friday. The company has a 50-day moving average price of $144.67 and a two-hundred day moving average price of $150.66. Procter & Gamble has a twelve month low of $137.62 and a twelve month high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $350.23 billion, a PE ratio of 21.88, a P/E/G ratio of 4.94 and a beta of 0.39.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.75%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PG shares. UBS Group reduced their price objective on shares of Procter & Gamble from $176.00 to $161.00 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Raymond James Financial reduced their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. BNP Paribas Exane decreased their price target on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Barclays set a $155.00 price objective on Procter & Gamble in a research report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $165.95.

Insider Buying and Selling

In related news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the completion of the transaction, the chief accounting officer directly owned 979 shares in the company, valued at approximately $146,429.03. The trade was a 42.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

Hedge Funds Weigh In On Procter & Gamble

A number of large investors have recently made changes to their positions in the stock. Imprint Wealth LLC purchased a new position in shares of Procter & Gamble in the third quarter valued at $44,000. Headlands Technologies LLC bought a new position in Procter & Gamble in the 2nd quarter worth about $70,000. Beaird Harris Wealth Management LLC grew its holdings in Procter & Gamble by 8.8% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,084 shares of the company’s stock valued at $166,000 after buying an additional 88 shares in the last quarter. Binnacle Investments Inc increased its position in shares of Procter & Gamble by 7.0% during the second quarter. Binnacle Investments Inc now owns 1,097 shares of the company’s stock valued at $175,000 after buying an additional 72 shares during the period. Finally, Garden State Investment Advisory Services LLC purchased a new stake in shares of Procter & Gamble in the second quarter worth about $200,000. 65.77% of the stock is owned by institutional investors.

Trending Headlines about Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Q2 beat on EPS and company maintained full‑year outlook — management reported $1.88 core EPS (small beat) and reaffirmed FY2026 guidance, supporting the case that cash returns and profitability remain intact. Procter & Gamble Posts Flat Q2 Results, Maintains 2026 Outlook
• Positive Sentiment: Bullish note arguing PG has “confirmed a bottom” — MarketBeat highlights long‑term dividend reliability, ongoing buybacks and that the stock is trading near historically attractive valuation levels for income investors. Procter & Gamble Confirms a Bottom—Time to Start Compounding?
• Positive Sentiment: Unusual options activity — investors bought a large block of calls (≈241,443 contracts), a multi‑hundred percent jump versus normal volumes, signaling speculative or hedged bullish positioning that can amplify upside on positive follow‑through.
• Neutral Sentiment: Product & innovation push — P&G is leaning into premium products (e.g., silk‑fiber Pampers in China) and R&D (new razor system reports) to counter weak volumes; these are longer‑lead drivers of growth rather than immediate earnings fixes. Silk in diapers? P&G’s unusual plan to boost sales in China
• Neutral Sentiment: Management emphasizes data & tech-led reinvention — CEO comments about leveraging data/technology signal cost and margin initiatives that could help results over the next several quarters, but benefits will be gradual. Procter & Gamble Says Data and Technology Will Support Company’s Reinvention
• Negative Sentiment: Revenue and organic sales missed/flat — total revenue came in below consensus and organic sales were essentially flat as pricing offset volume declines; weaker demand in razors and diapers is a key near‑term headwind. Procter & Gamble misses revenue estimates due to slower US growth
• Negative Sentiment: Management warning on consumer and geopolitical backdrop — execs cautioned about a challenging consumer environment and geopolitics, which, together with slightly conservative FY EPS guidance (range 6.83–7.09 vs. consensus ~6.97), is fueling investor caution. Procter & Gamble falls after warning of challenging consumer and geopolitical environment

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.