Earnings Growth & Price Strength Make Procter & Gamble (PG) a Stock to Watch

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When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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Focus List Spotlight: Procter & Gamble (PG)

Headquartered in Cincinnati, OH, The Procter & Gamble Company, also referred to as Procter & Gamble or P&G, is a branded consumer products company which markets its products in more than 180 countries primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high frequency stores and pharmacies. It has operations in approximately 70 countries. The company has five reportable segments:

Since being added to the Focus List on March 23, 2020 at $102.43 per share, shares of PG have increased 41.65% to $145.09. The stock is currently a #3 (Hold) on the Zacks Rank.

Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.01 to $5.93. PG also boasts an average earnings surprise of 8.5%.

Earnings for PG are forecasted to see growth of 4.8% for the current fiscal year as well.

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