Published on 30 Sep 2022 on Zacks via Yahoo Finance

Procter & Gamble (PG) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Procter & Gamble (PG) closed at $126.25, marking a -1.9% move from the previous day. This move lagged the S&P 500's daily loss of 1.51%. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.

Heading into today, shares of the world's largest consumer products maker had lost 7.83% over the past month, outpacing the Consumer Staples sector's loss of 8.44% and the S&P 500's loss of 9.52% in that time.

Investors will be hoping for strength from Procter & Gamble as it approaches its next earnings release, which is expected to be October 19, 2022. In that report, analysts expect Procter & Gamble to post earnings of $1.57 per share. This would mark a year-over-year decline of 2.48%. Meanwhile, our latest consensus estimate is calling for revenue of $20.56 billion, up 1.11% from the prior-year quarter.