Procter & Gamble reported quarterly earnings and revenue that exceeded Wall Street expectations, driven by strong demand for laundry detergent and home care products. The company posted adjusted earnings per share of $2.00 versus the expected $1.88, and revenue of $23.3 billion compared to $22.8 billion forecasted. Volume growth was 2.4%, with fabric and home care brands like Tide and Febreze performing best. P&G raised its full-year sales growth forecast to 2-4%, up from 1-3%, reflecting its recent acquisition of vitamin company Thorne. Despite ongoing economic challenges, the company remains on track to meet its earnings guidance for fiscal 2027.
Procter & Gamble's market cap stands at $364.29 billion as of Oct 22, 2026, 18:11 WIB, highlighting its significant size in the consumer staples sector. On Pluang, PG shares are trading at $160.29 with a 1-day gain of 2.10%, reflecting positive investor sentiment following its earnings beat and raised sales forecast. The stock also offers a dividend yield of 2.78%, attracting income-focused investors amid steady volume of nearly 10 million shares.
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With 10-year Treasury yields near 5%, three Dividend Kings—Johnson & Johnson, Procter & Gamble, and Altria—stand out by raising dividends for over 50 consecutive years while maintaining low market volatility (low beta). These companies generate stron...
