宝洁(PG)2026财年第三季度业绩出炉 核心指标超预期

金吾财讯
Apr 24

金吾财讯 | 宝洁公司(PG)发布2026财年第三季度业绩,非GAAP每股收益1.59美元,超出预期0.03美元;营收达212.4亿美元,同比增长7.3%,超出预期7.2亿美元。

本季度净销售额212亿美元,同比增长7%;剔除汇率、收购和剥离影响后,有机销售额同比增长3%。

全年指引方面,宝洁维持2026财年稀释后每股净收益增长预期,预计较2025财年的6.51美元增长1%至6%;维持核心每股收益增长预期,预计较2025财年的6.83美元持平或增长4%,对应每股收益6.83美元至7.09美元,市场普遍预期为6.94美元。

成本影响上,2026财年大宗商品成本预计带来约1.5亿美元税后亏损,关税上涨预计带来约4亿美元税后亏损,净利息支出增加及核心有效税率提高预计导致约2.5亿美元税后净亏损;外汇汇率预计带来约2亿美元税后利好,综合导致全年每股亏损0.25美元。

宝洁表示正加大创新和需求创造投资,目前预计2026财年每股收益接近此前预期区间下限。此外,公司预计全年核心有效税率20%至21%,资本支出占净销售额4%至5%;将支付约100亿美元股息,回购约50亿美元普通股,调整后自由现金流生产率85%至90%。

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