Companies and Brands
What to Expect When Procter & Gamble Reports Wednesday
Published:
Last Updated:
Procter & Gamble Co. (NYSE: PG) is scheduled to release its fourth-quarter earnings report before the markets open on Wednesday. The consensus estimates from Thomson Reuters are calling for $1.21 in earnings per share (EPS) and $17.14 billion in revenue. The same period of last year reportedly had $1.19 in EPS and $17.39 billion in revenue.
This stock offers a very solid dividend and safety, so it is a solid consumer staples stock for conservative investors to consider. The company sells lots of very well-known household items that are essential for everyday life. Brands include Pampers, Tide, Bounty, Charmin, Gillette, Oral B, Crest, Olay, Pantene, Head & Shoulders, Ariel, Gain, Always, Tampax, Downy and Dawn.
The company is innovative in its product development process and uses that to help ensure future growth and cash flow. This should provide investors with years of steady growth and dividends.
This company had floundered due to international issues and competitive issues, but with a reboot happening in its portfolio and with the stock market favoring defensive names, its shares were back to flat in 2018.
Overall, Procter & Gamble has underperformed the broad markets so far in 2019, with its stock down 0.5%. However, over the past 52 weeks, the stock is actually up just over 1%.
A few analysts weighed in on Procter & Gamble ahead of the report:
Shares of Procter & Gamble were last seen at $91.42, with a 52-week range of $70.73 to $96.90. The stock has a consensus analyst price target of $92.98.
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.