The Procter & Gamble Company (NYSE:PG) is set to announce first quarter earning results on Tuesday 20th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, PG to report 1Q21 income of $ 1.41 per share.
For the full year, analysts anticipate top line of $ 72930.00 million, while looking forward to income of $ 5.40 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 71,659.50 million ~ $ 73,078.50 million, where as bottomline are predicted in a range of $ 5.27 ~ $ 5.48 per share
Click Here For More Historical Outlooks Of The Procter & Gamble Company
Previous Quarter Performance
The Procter & Gamble Company posted income for the fourth quarter of $ 1.16 per share, from the revenue of $ 17,698.00 million. The quarterly earnings 5.45 percent while revenues escalated 3.53 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.01 per share from $ 16967.20 million in revenue. The bottom line results beat street analysts by $ 0.15 or 14.85 percent, at the same time, top line results outshined analysts by $ 730.80 million or 4.31 percent.
Stock Performance
Shares of The Procter & Gamble Company traded low $ -2.48 or -1.72 percent on Monday, reaching $ 141.91 with volume of 6.11 million shares. The Procter & Gamble Company has traded high as $ 145.39 and has cracked $ 141.13 on the downward trend
According to the previous trading day, closing price of $ 141.91, representing a 53.05 % increase from the 52 week low of $ 94.34 and a 1.01 % decrease over the 52 week high of $ 145.87.
The company has a market capital of $ 353.30 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Recent Analyst recommendations
- On 12th October 2020, maintained by Jefferies Financial Group at Buy rating, with $ 166.00 target price.
- On 5th October 2020, maintained by Morgan Stanley at Overweight rating, with $ 158.00 target price.
Conference Call
The Procter & Gamble Company will be hosting a conference call at 8:30 AM eastern time on 20th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pginvestor.com
The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirants and deodorants, and personal cleansing and skin care products under the Head & Shoulders, Pantene, Rejoice, Olay, Old Spice, Safeguard, and SK-II brands.
