Procter & Gamble Earnings Preview: Can This Streak Continue?

Procter & Gamble (NYSE:PG) will report earnings before markets open on Wednesday, April 24th. The Procter & Gamble Company manufactures and markets consumer products in countries throughout the world. The Company provides products in the laundry and cleaning, paper, beauty care, food and beverage, and health care segments. Proctor & Gamble’s products are sold primarily through mass merchandisers, grocery stores, membership club stores, drug stores, and neighborhood stores.

Here is your Cheat Sheet to Procter & Gamble Earnings:

Earnings Expectations: Analysts expect earnings of $0.96 per share on revenues of $20.74 billion. Currently, the company’s P/E ratio stands at 18.13.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.85 to a profit $0.81. For the current year, the average estimate is a profit of $4.05, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Procter & Gamble has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 79,260 76,690 77,570 81,100 83,680
Diluted EPS ($) 3.64 4.26 4.11 3.93 3.66

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 21,740 20,190 20,210 20,740 22,180
Diluted EPS ($) 0.57 0.82 1.24 0.96 1.39

Past Performance:
Procter & Gamble has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]