
Procter & Gamble (PG) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Procter & Gamble (PG) last issued guidance on October 22, 2026 for fiscal year 2027. The company guided earnings per share in the range of $6.89 - $7.11, compared to a consensus EPS estimate of $6.98. Procter & Gamble also guided revenue in the range of $85.97B - $87.66B for the period.
Compared to prior guidance, Procter & Gamble maintained its EPS outlook from a previous range of $6.89 - $7.11. On the revenue side, the company maintained its revenue forecast from a prior range of $85.13B - $86.81B.
Procter & Gamble has issued 18 guidance updates between January 19, 2023 and October 22, 2026. During this period, the company raised its outlook 4 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.89 | $1.42 | $1.56 | $1.86 |
| Actual | $2.00 | $1.43 | $1.59 | $1.88 |
| Surprise | +5.82% | +0.70% | +1.92% | +1.08% |
| Revenue | ||||
| Estimate | $22.80B | $21.44B | $20.53B | $22.29B |
| Actual | $23.28B | $21.20B | $21.23B | $22.21B |
| Surprise | +2.09% | -1.10% | +3.44% | -0.37% |
| Metric | Q2 '27E | Q3 '27E | Q4 '27E | Q1 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.81 | $1.63 | $1.53 | $2.11 |
| Revenue | ||||
| Consensus | $22.84B | $21.75B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q1 | Oct 22, 2026 | $2.00 | $1.89 | 5.82 % |
| Q4 | Jul 29, 2026 | $1.43 | $1.42 | 0.70 % |
| Q3 | Apr 24, 2026 | $1.59 | $1.56 | 1.92 % |
| Q2 | Jan 22, 2026 | $1.88 | $1.86 | 1.08 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q1 | Oct 22, 2026 | $23.28B | $22.80B | 2.09 % |
| Q4 | Jul 29, 2026 | $21.20B | $21.44B | -1.10 % |
| Q3 | Apr 24, 2026 | $21.24B | $20.53B | 3.44 % |
| Q2 | Jan 22, 2026 | $22.21B | $22.29B | -0.37 % |