Published on 30 Nov 2021 on Zacks via Yahoo Finance
Procter & Gamble (PG) closed at $149.02 in the latest trading session, marking a +1.05% move from the prior day. The stock lagged the S&P 500's daily gain of 1.32%. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq lost 0.15%.
Prior to today's trading, shares of the world's largest consumer products maker had gained 3.13% over the past month. This has outpaced the Consumer Staples sector's loss of 0.71% and lagged the S&P 500's gain of 3.61% in that time.
Procter & Gamble will be looking to display strength as it nears its next earnings release. On that day, Procter & Gamble is projected to report earnings of $1.66 per share, which would represent year-over-year growth of 1.22%. Meanwhile, our latest consensus estimate is calling for revenue of $20.38 billion, up 3.23% from the prior-year quarter.
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