Analysts expect Procter & Gamble Company (The) (NYSE:PG) to announce $1.07 earnings per share for the current quarter, according to Zacks. Eight analysts have issued estimates for Procter & Gamble Company (The)’s earnings, with the highest EPS estimate coming in at $1.09 and the lowest estimate coming in at $1.04. Procter & Gamble Company (The) posted earnings of $1.03 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.9%. The company is scheduled to issue its next earnings report on Tuesday, October 24th.

According to Zacks, analysts expect that Procter & Gamble Company (The) will report full-year earnings of $4.17 per share for the current financial year, with EPS estimates ranging from $4.15 to $4.20. For the next fiscal year, analysts expect that the company will report earnings of $4.44 per share, with EPS estimates ranging from $4.39 to $4.50. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Procter & Gamble Company (The).

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.07. The firm had revenue of $16.08 billion for the quarter, compared to analyst estimates of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.52%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share.

A number of equities analysts have commented on PG shares. Zacks Investment Research upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $103.00 price target (up from $101.00) on shares of Procter & Gamble Company (The) in a research note on Tuesday, April 18th. Royal Bank Of Canada reissued a “hold” rating and issued a $80.00 price objective on shares of Procter & Gamble Company (The) in a research note on Monday, April 24th. Vetr raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price objective on the stock in a research note on Wednesday, April 26th. Finally, Stifel Nicolaus lowered their price objective on shares of Procter & Gamble Company (The) from $88.00 to $87.00 and set a “hold” rating on the stock in a research note on Thursday, April 27th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $88.21.

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Shares of Procter & Gamble Company (NYSE PG) opened at 91.44 on Tuesday. The firm has a market cap of $233.47 billion, a price-to-earnings ratio of 16.35 and a beta of 0.68. Procter & Gamble Company has a 1-year low of $81.18 and a 1-year high of $92.00. The stock has a 50 day moving average of $88.56 and a 200-day moving average of $88.68. Procter & Gamble Company (The) also saw unusually large options trading activity on Monday. Investors bought 35,861 call options on the company. This represents an increase of approximately 509% compared to the average daily volume of 5,886 call options.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Friday, July 21st will be paid a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio is currently 49.37%.

In related news, insider Patrice Louvet sold 62,350 shares of Procter & Gamble Company (The) stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $86.27, for a total transaction of $5,378,934.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ioannis Skoufalos sold 3,879 shares of Procter & Gamble Company (The) stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $86.17, for a total value of $334,253.43. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 203,898 shares of company stock worth $17,666,387. Company insiders own 0.35% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. raised its position in Procter & Gamble Company (The) by 10.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,273,824 shares of the company’s stock worth $111,013,000 after buying an additional 123,384 shares during the last quarter. Financial Advisory Group raised its position in Procter & Gamble Company (The) by 1.4% in the second quarter. Financial Advisory Group now owns 7,378 shares of the company’s stock worth $643,000 after buying an additional 102 shares during the last quarter. Proffitt & Goodson Inc. raised its position in Procter & Gamble Company (The) by 0.5% in the second quarter. Proffitt & Goodson Inc. now owns 14,072 shares of the company’s stock worth $1,226,000 after buying an additional 72 shares during the last quarter. American Asset Management Inc. raised its position in Procter & Gamble Company (The) by 1.2% in the second quarter. American Asset Management Inc. now owns 4,036 shares of the company’s stock worth $352,000 after buying an additional 49 shares during the last quarter. Finally, Penserra Capital Management LLC raised its position in Procter & Gamble Company (The) by 16.7% in the second quarter. Penserra Capital Management LLC now owns 3,150 shares of the company’s stock worth $274,000 after buying an additional 450 shares during the last quarter. 59.69% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Company (The) Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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Earnings History and Estimates for Procter & Gamble Company (The) (NYSE:PG)

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