The Procter & Gamble Company reports results for the quarter ended September 30 - Earnings Summary

• The Procter & Gamble Company PG.N reported quarterly adjusted earnings of $2.00​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.99. The mean expectation of twenty one analysts for the quarter was for earnings of $1.88 per share. Wall Street expected results to range from $1.83 to $1.92 per share.

• Revenue rose 4% to $23.28 billion from a year ago; analysts expected $22.80 billion.

• The Procter & Gamble Company's reported EPS for the quarter was $1.97​.

• The company reported quarterly net income of $4.73 billion.

• The Procter & Gamble Company shares had risen by 8.0% this quarter and gained 9.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 14 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the personal products peer group is "hold."

• Wall Street's median 12-month price target for The Procter & Gamble Company is $162.00, about 3.2% above its last closing price of $156.84

This summary was machine generated from LSEG data October 22 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)