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Procter & Gamble (NYSE:PG) unveils its next round of earnings this Thursday, January 23. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
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Wall Street analysts see Procter & Gamble reporting earnings of $1.37 per share on revenue of $18.35 billion.
Procter & Gamble reported a profit of $1.25 when it published results during the same quarter last year. Sales in that period totaled $17.44 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 9.60%. Sales would be have grown 5.23% from the same quarter last year. Procter & Gamble's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 |
| EPS Estimate | 1.240 | 1.050 | 1.030 | 1.21 |
| EPS Actual | 1.370 | 1.100 | 1.060 | 1.25 |
Stock Performance
For a full 12 months, the return has risen by 37.92%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on Procter & Gamble stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Procter & Gamble is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: http://www.pginvestor.com/Presentations-and-Events
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.