Procter & Gamble (PG) Shares Dip Despite Beating Earnings Expectations

Procter & Gamble (PG) reported first-quarter earnings that slightly exceeded analyst expectations, with adjusted EPS reaching $1.93. However, revenue fell short of estimates and shares are trading lower in premarket trading. The company’s organic sales growth was driven by price increases and volume gains, but sales in some key segments like Beauty and Baby, Feminine & Family Care declined.

Mike Hall Jr.: Ready to Get to Work in the NFL

Defensive tackle Mike Hall Jr. is eager to embark on his professional football career and showcase his unwavering discipline and dedication. Despite the distractions surrounding the NFL Draft process, Hall remains focused on his ultimate goal. In an interview sponsored by GilletteLabs, P&G, and Meijer, Hall expressed his readiness to work hard and contribute to the team that selects him.

Procter & Gamble: Valuation Update and Growth Outlook

Procter & Gamble (PG) reported solid Q3 FY24 results, showing organic revenue growth and core EPS growth. I am confident in their volume recovery in the near future as inflation moderates. Their FY24 outlook includes 4%-5% organic revenue growth and 10%-11% core EPS growth. However, headwinds in Greater China, particularly in cosmetics, could impact FY25 growth. I believe P&G will achieve a balanced growth between volume and price in FY25, driven by falling commodity prices. The stock’s current valuation remains attractive, and I reiterate a ‘Buy’ rating with a fair value of $175 per share.

P&G Reports Upbeat Q3 Earnings, Raises Guidance

The Procter & Gamble Company (P&G) reported strong third-quarter earnings on Friday, with adjusted EPS beating consensus estimates and sales growth meeting expectations. P&G raised its full-year EPS growth outlook from -1% to a range of 1% to 2% and maintained its sales growth guidance of 4%-5%. The company also increased its adjusted EPS growth outlook from 8%-9% to 10%-11% and anticipates headwinds of approximately $600 million from unfavorable foreign exchange rates, offset by $900 million of benefits from favorable commodity costs.

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