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P&G (PG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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Procter & Gamble (PG - Free Report) reported $20.53 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.1%. EPS of $1.40 for the same period compares to $1.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $20.72 billion, representing a surprise of -0.91%. The company delivered an EPS surprise of +2.19%, with the consensus EPS estimate being $1.37.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how P&G performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Organic Sales Growth (YoY change) - Beauty: 3% versus the five-analyst average estimate of 2%.
Organic Sales Growth (YoY change) - Grooming: 7% versus 8.8% estimated by five analysts on average.
Organic Sales Growth (YoY change) - Total P&G: 2% compared to the 3.1% average estimate based on five analysts.
Organic Sales Growth (YoY change) - Baby, Feminine & Family Care: -1% versus the five-analyst average estimate of 0.8%.
Organic Sales Growth (YoY change) - Fabric & Home Care: 2% compared to the 3.7% average estimate based on five analysts.
Organic Sales Growth (YoY change) - Health Care: 4% versus the five-analyst average estimate of 3.9%.
Net sales- Beauty: $3.72 billion compared to the $3.75 billion average estimate based on seven analysts. The reported number represents a change of -0.6% year over year.
Net sales- Grooming: $1.66 billion versus $1.73 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.1% change.
Net sales- Corporate: $202 million versus $169.59 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +23.2% change.
Net sales- Fabric & Home Care: $7.27 billion versus $7.32 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
Net sales- Baby, Feminine & Family Care: $5.01 billion versus the seven-analyst average estimate of $5.10 billion. The reported number represents a year-over-year change of -2.9%.
Net sales- Health Care: $2.67 billion compared to the $2.65 billion average estimate based on seven analysts. The reported number represents a change of +3.2% year over year.
Shares of P&G have returned +4.4% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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P&G (PG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Procter & Gamble (PG - Free Report) reported $20.53 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.1%. EPS of $1.40 for the same period compares to $1.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $20.72 billion, representing a surprise of -0.91%. The company delivered an EPS surprise of +2.19%, with the consensus EPS estimate being $1.37.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how P&G performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Organic Sales Growth (YoY change) - Beauty: 3% versus the five-analyst average estimate of 2%.
- Organic Sales Growth (YoY change) - Grooming: 7% versus 8.8% estimated by five analysts on average.
- Organic Sales Growth (YoY change) - Total P&G: 2% compared to the 3.1% average estimate based on five analysts.
- Organic Sales Growth (YoY change) - Baby, Feminine & Family Care: -1% versus the five-analyst average estimate of 0.8%.
- Organic Sales Growth (YoY change) - Fabric & Home Care: 2% compared to the 3.7% average estimate based on five analysts.
- Organic Sales Growth (YoY change) - Health Care: 4% versus the five-analyst average estimate of 3.9%.
- Net sales- Beauty: $3.72 billion compared to the $3.75 billion average estimate based on seven analysts. The reported number represents a change of -0.6% year over year.
- Net sales- Grooming: $1.66 billion versus $1.73 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.1% change.
- Net sales- Corporate: $202 million versus $169.59 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +23.2% change.
- Net sales- Fabric & Home Care: $7.27 billion versus $7.32 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
- Net sales- Baby, Feminine & Family Care: $5.01 billion versus the seven-analyst average estimate of $5.10 billion. The reported number represents a year-over-year change of -2.9%.
- Net sales- Health Care: $2.67 billion compared to the $2.65 billion average estimate based on seven analysts. The reported number represents a change of +3.2% year over year.
View all Key Company Metrics for P&G here>>>Shares of P&G have returned +4.4% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.