Procter & Gamble shares slip on Q3 revenue miss, lowered guidance

Dow Jones
04-24

MW Procter & Gamble shares slip on Q3 revenue miss, lowered guidance

Shares of Procter & Gamble Co. $(PG)$ are down 1.6% in premarket trading after the consumer products giant's fiscal third-quarter revenue missed Wall Street's estimate, and it lowered its guidance.

Revenue fell 2% year-over-year to $19.78 billion, below the FactSet consensus estimate of $20.15 billion. Procter & Gamble's profit of $1.54 a share beat the FactSet consensus estimate of $1.52 a share.

The company now expects sales for fiscal 2025 to be approximately in-line with the prior year. Previously, Procter & Gamble had forecast sales growth between 2% and 4%.

Procter & Gamble also updated its 2025 earnings per share guidance to be in the range of 6% to 8% growth versus $6.02 in 2024. Previously, the company had forecast earnings per share growth of 10% to 12%.

This is a developing news story with updates to come.

-James Rogers

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

April 24, 2025 07:41 ET (11:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10