Company news: Procter & Gamble (PG) posts mixed quarterly results

Procter & Gamble (PG) reported Q1 FY2025 earnings of $1.93 per share (versus $1.83 per share in Q1 FY2024), beating analysts’ consensus estimate of $1.90 per share.

The company’s quarterly revenues amounted to $21.737 bln (-0.6% y/y), missing analysts’ consensus estimate of $21.986 bln.

The company also reaffirmed guidance for FY2025, seeing EPS of $6.91-7.05 versus analysts’ consensus estimate of $6.96 and revenues of +2-4% y/y to ~$85.7-87.4 bln versus analysts’ consensus estimate of $86.13 bln.

PG fell to $170.89 (-0.22%) in pre-market trading.