Procter & Gamble Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Key takeaways
- PG’s earnings are expected to slip slightly, but revenue remains solid; the debt shelf offering adds a new layer to its capital plan.
- EPS $1.89
- Revenue $22.82 billion
- Previous EPS $1.99
What happened
Procter & Gamble Co (PG) is set to report its first‑quarter earnings before the market opens on Thursday, Oct. 22. Analysts project earnings per share of $1.89, down from $1.99 a year earlier, and revenue of $22.82 billion, slightly above last year’s $22.39 billion. The company filed a debt shelf offering on Oct. 15, and its shares fell 1.6% to close at $156.84 on Wednesday.
Why it matters
The earnings dip signals a modest slowdown in profitability, while the revenue lift suggests steady top‑line growth. The debt shelf offering could influence capital structure and future financing costs. Analyst upgrades and price‑target changes reflect shifting expectations for the company’s near‑term performance.
Short-term and longer-term
Short-term. In the next few days, watch for the earnings announcement on Oct.
Longer-term. Over the coming months, the earnings trend and the debt offering will shape PG’s valuation.