The Procter & Gamble Company PG enjoys strong brand recognition with its consumer products sold in more than 180 countries primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high frequency stores and pharmacies.

Earnings Estimate Revision:  Investors should also note that earnings estimates have declined by 2% in the past 30 days. P&G has delivered positive earnings surprise in all the past four quarters resulting into an average earnings surprise of 4.1% for the trailing four quarters.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: PG reported core earnings of $1.00 per share, beating the Zacks Consensus Estimate of 98 cents.

Revenues: PG reported revenues of $16,281 million, beating the consensus estimate of $16,194 million.

Procter & Gamble Company (The) Price, Consensus and EPS Surprise

Procter & Gamble Company (The) Price, Consensus and EPS Surprise | Procter & Gamble Company (The) Quote

Key Stats to Note: Organically, excluding the impact of acquisitions, divestitures and foreign exchange, revenues grew 1% on 2% growth in volumes.

Zacks Rank: PG has a Zacks Rank #3 (Hold), but that could definitely change following P&G’s earnings report which was just released. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Stock Price: PG stock was down 0.2% in the pre-market trading at the time of writing.

Check back later for our full write up on this PG earnings report later!

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