The Procter & Gamble Company Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component The Procter & Gamble Company (NYSE:PG) will unveil its latest earnings on Friday, January 27, 2012. Procter & Gamble sells and markets consumer products such as pharmaceuticals, cleaning supplies, personal care, and pet supplies in more than 180 countries.

The Procter & Gamble Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.08 per share, a decline of 4.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.16. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.08 during the last month. For the year, analysts are projecting net income of $4.22 per share, a rise of 7.4% from last year.

Past Earnings Performance: Last quarter, the company met expectations by reporting profit of $1.03 per share last quarter. In the previous fourth quarter of the last fiscal year, the company beat estimates by 2 cents.

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Wall St. Revenue Expectations: On average, analysts predict $22.2 billion in revenue this quarter, a rise of 4% from the year ago quarter. Analysts are forecasting total revenue of $86.28 billion for the year, a rise of 4.5% from last year’s revenue of $82.56 billion.

Analyst Ratings: Analysts are bullish on this stock with 15 analysts rating it as a buy, one rating it as a sell and five rating it as a hold.

A Look Back: In the first quarter, profit fell 1.9% to $3.02 billion ($1.03 a share) from $3.08 billion ($1.02 a share) the year earlier, meeting analyst expectations. Revenue rose 8.9% to $21.92 billion from $20.12 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 10.2% in the fourth quarter of the last fiscal year from the year earlier, climbed 5.5% in the third quarter of the last fiscal year from the year-ago quarter and 1.5% in the second quarter of the last fiscal year.

The decrease in profit in the first quarter broke a streak of two consecutive quarters of year-over-year profit increases. Net income rose 14.9% in the fourth quarter of the last fiscal year and 11.1% in the third quarter of the last fiscal year.

Competitors to Watch: Church & Dwight Co., Inc. (NYSE:CHD), Colgate-Palmolive Company (NYSE:CL), The Clorox Company (NYSE:CLX), Kimberly-Clark Corporation (NYSE:KMB), Johnson & Johnson (NYSE:JNJ), Teva Pharmaceutical Industries Ltd (NASDAQ:TEVA), CCA Industries, Inc. (AMEX:CAW), and Zep, Inc. (NYSE:ZEP).

Stock Price Performance: During November 22, 2011 to January 23, 2012, the stock price had risen $3.80 (6.2%) from $61.20 to $65. The stock price saw one of its best stretches over the last year between April 21, 2011 and May 4, 2011 when shares rose for nine-straight days, rising 5.9% (+$3.63) over that span. It saw one of its worst periods between July 21, 2011 and August 4, 2011 when shares fell for 11-straight days, falling 7.6% (-$4.83) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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