The Procter & Gamble Company · PG · Next earnings

The Procter & Gamble Company reports Thursday, Jan 21, 2027

PG reports before market open with consensus EPS at $1.81 and revenue at $22.85B. Last quarter: P&G: Volume Growth Supports FY2027 Guidance Despite Cost Headwinds

Reports Before market open78 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $1.81 Calendar consensus
Consensus revenue $22.85B Calendar consensus
Report date Jan 21, 2027 Thursday, date estimated
Session Before market open 78 days away

Where PG left off: FY2027 Q1

Full report

P&G: Volume Growth Supports FY2027 Guidance Despite Cost Headwinds

EPS surprise +6.4% Reported $2.00 vs $1.88
Revenue surprise +2.1% Reported $23.28B vs $22.80B
Stock move +5.6% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained FY2027 guidance: organic sales growth of 1%-3%, core EPS of $6.89-$7.11 and capex of 4.5%-5.5% of sales.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Higher raw material, energy and transportation costs
  • Geopolitical volatility and oil-price fluctuations
  • Consumer price sensitivity and inflation
  • Inventory shifts and shipment timing
  • Potential Q2 deceleration from base-period dynamics

Questions analysts left open

  • Whether Q1 momentum and share gains persist into Q2 and the second half
  • Commodity, energy and freight cost pressure and the timing of mitigation
  • Pricing power versus competitive pressure and consumer sensitivity
  • Inventory dynamics and shipment timing
  • Execution of restructuring, productivity and cost-saving initiatives

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Recent PG quarters

All PG earnings
+5.6%FY2027 Q1-1.9%FY2026 Q4+1.7%FY2026 Q3+2.6%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.