How to Reach your Market in a World Ruled by Generative AI
How to Reach your Market in a World Ruled by Generative AI
12 Steps to Create Videos

What You Need To Know Ahead of Procter & Gambles Earnings Report [Video]

Categories
Small Business Lifestyle

While Procter & Gamble (PG) is expected to continue to report higher revenue when it releases quarterly earnings on Friday, analysts are anticipating that the consumer products maker will slow its price increases.

Analysts expect P&G to report $20.45 billion in revenue for its 2024 fiscal third quarter ended in March, 1.9% better than the same quarter in the year prior, according to data compiled by Visible Alpha. It would be the lowest revenue growth for the company in the past five quarters. 

The Tide maker’s anticipated adjusted net income of $3.46 billion is predicted to be 1.8% above its first-quarter 2023 figure of $3.40 billion. 

Procter & Gamble rode higher prices to increased revenue in its December quarter. But the upcoming earnings report could show the lowest price increases by the consumer goods seller since the first quarter of fiscal 2022, with analysts forecasting that P&G will hike prices by 2.75% in the quarter.

7 Invisible Obstacles to Digital Marketing Success
7 Invisible Obstacles to Digital Marketing Success
5 Steps to Creating Successful Ads