Procter & Gamble (PG) Projected to Post Earnings on Friday

23 Apr 2026, 01:06 by Jessica Moore · The Cerbat Gem

Procter & Gamble (NYSE:PG – Get Free Report) will likely be releasing its Q3 2026 results before the market opens on Friday, April 24th. Analysts expect Procter & Gamble to post earnings of $1.53 per share and revenue of $21.5188 billion for the quarter. Interested persons may visit the the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Friday, April 24, 2026 at 8:30 AM ET.

Procter & Gamble (NYSE:PG – Get Free Report) last issued its earnings results on Friday, January 23rd. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The company had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.88 earnings per share. On average, analysts expect Procter & Gamble to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Procter & Gamble Stock Up 0.3%

Shares of NYSE:PG opened at $142.81 on Thursday. The stock has a market capitalization of $331.89 billion, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 5.48 and a beta of 0.41. Procter & Gamble has a 1-year low of $137.62 and a 1-year high of $170.99. The company’s fifty day moving average is $150.87 and its two-hundred day moving average is $148.74. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble’s dividend payout ratio is currently 62.67%.

Key Headlines Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

Positive Sentiment: Dividend increase cited among major dividend stocks, supporting income investor interest and underlining P&G’s cash-return profile. 3 Giant Dividend Stocks Raising Payouts With Yields Up to 4%
Positive Sentiment: Leadership transition to Shailesh Jejurikar as CEO and a strategic reset including a Dreft brand overhaul signal management action on growth/priorities — a governance/strategy positive for investors. Procter And Gamble Resets Priorities With New CEO And Dreft Overhaul
Positive Sentiment: Analysts’ consensus remains constructive (average rating ~“Moderate Buy”), providing a supportive backdrop despite some target trims. Procter & Gamble Company (The) (NYSE:PG) Receives Average Rating of “Moderate Buy” from Analysts
Neutral Sentiment: P&G publicly refuted a small unsolicited mini‑tender (100,000 shares at $100) — largely procedural and limited in size, so minimal fundamental impact but worth noting for governance/market noise. Is The Procter & Gamble Company (PG) Management Justified to Refute Mini-Tender Offer?
Negative Sentiment: Morgan Stanley trimmed its price target to $166 (from $175) while keeping an Overweight rating — reduces upside expectations and can pressure sentiment. Morgan Stanley Cuts Procter & Gamble Price Target to $166 from $175, Maintains Overweight Rating
Negative Sentiment: Jefferies trimmed its target modestly to $175 (from $179) — another cap on near-term upside despite retaining a Buy view. Jefferies Adjusts Price Target on Procter & Gamble to $175 from $179, Maintains Buy Rating
Negative Sentiment: JPMorgan lowered its target to $162 ahead of earnings — another analyst revision that trims expectations heading into the April 24 Q3 report. JPMorgan Cuts Procter & Gamble (PG) Target to $162 Ahead of Earnings Season
Negative Sentiment: Market reaction to analyst downgrade(s) has caused intraday weakness in recent coverage (reported trading down ~1.7%), reflecting sensitivity to analyst views ahead of results. Procter & Gamble (NYSE:PG) Trading Down 1.7% After Analyst Downgrade
Negative Sentiment: Jefferies and other analysts flag cost pressures and geopolitical risks ahead of the fiscal Q3 report (April 24): investors will focus on margins, pricing cadence and organic sales to judge near-term upside. Procter & Gamble cost pressures in focus for Q3 report

Insider Activity at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the transaction, the insider owned 44,735 shares in the company, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman Jon R. Moeller sold 162,232 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the transaction, the chairman owned 319,385 shares of the company’s stock, valued at approximately $51,884,093.25. This trade represents a 33.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 348,618 shares of company stock worth $55,462,643. Company insiders own 0.20% of the company’s stock.

Hedge Funds Weigh In On Procter & Gamble

Several large investors have recently made changes to their positions in the business. Litman Gregory Wealth Management LLC purchased a new stake in Procter & Gamble during the fourth quarter valued at about $26,000. O Domhnaill Enterprises Inc. purchased a new stake in Procter & Gamble during the fourth quarter valued at about $30,000. Imprint Wealth LLC purchased a new stake in Procter & Gamble during the third quarter valued at about $44,000. Alvarez & Marsal Private Wealth Partners LLC purchased a new stake in Procter & Gamble during the fourth quarter valued at about $50,000. Finally, Prosperity Bancshares Inc purchased a new stake in Procter & Gamble during the fourth quarter valued at about $55,000. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PG. Wells Fargo & Company lowered their price target on shares of Procter & Gamble from $177.00 to $158.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. UBS Group lowered their price target on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Jefferies Financial Group lowered their price target on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research report on Monday. The Goldman Sachs Group lowered their price target on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Finally, Bank of America lowered their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.32.

Check Out Our Latest Analysis on PG

Procter & Gamble Company Profile

(Get Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.