宝洁FY2027一季度营收/EPS双超预期，但全年核心EPS指引中值低于华尔街预期，盘前小涨

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Investing.com -- On Thursday, Procter & Gamble Co. (NYSE:PG) reported first quarter results that exceeded analyst expectations, though full-year earnings guidance came in below Wall Street estimates.
Shares of the consumer goods giant rose 1.70% in pre-market trading following the results.
The company posted adjusted earnings per share of $2.00, beating the consensus estimate of $1.89 by $0.11. Revenue reached $23.28 billion, surpassing expectations of $22.82 billion and representing a 4% increase from $22.4 billion in the prior year period. Organic sales, which exclude foreign exchange and acquisitions, also grew 4% YoY, driven by a 2% increase in volume and favorable product mix.
However, P&G’s full-year guidance disappointed investors. The company maintained its fiscal 2027 core EPS guidance range of $6.89 to $7.11, with a midpoint of $7.00. This represents growth of approximately 1.5% but falls short of the analyst consensus of $7.39. P&G also updated its all-in sales growth guidance to 2% to 4%, reflecting the Thorne acquisition, while maintaining organic sales growth expectations of 1% to 3%.
"Our solid sales, earnings and cash results in the first quarter reflect sharpened execution of our integrated strategy," said Shailesh Jejurikar, Chairman of the Board, President and Chief Executive Officer. "This strong start keeps us on track to deliver within our guidance ranges for organic sales growth, core EPS growth and free cash flow productivity for the fiscal year."
The company faces significant headwinds in fiscal 2027, including approximately $1.4 billion in after-tax commodity costs from higher raw materials, energy and transportation expenses, plus $300 million from increased net interest expense.
P&G generated operating cash flow of $5.8 billion and returned $3.9 billion to shareholders through $2.6 billion in dividends and $1.3 billion in share repurchases during the quarter.