Procter & Gamble under pressure after mixed quarterly results

Open account Download free app

Procter & Gamble (PG.US) stock is trading 1.0% lower after the consumer goods giant posted mixed quarterly results in Q2 2023.

Company earned $1.59, which came in line with expectations,
Net income dropped to $3.93 billion, or $1.59 a share YoY, from $4.22 billion, or $1.66 a share.
Revenue dropped 1% YoY to $20.77 billion, slightly above analysts’ estimates of $20.73 billion. It was the first year-over-year decline since Q2 2017.
Organic sales jumped 5% as higher than expected price increases of 10%, offset a 6% decline in shipment volumes.
For the current year, P&G lifted its revenue outlook to down 1% to flat from down 3% to down 1% and affirmed EPS growth outlook of flat to up 4%, which may mean the expected higher sales will not provide enough boost to the bottom line.

Highlights of Procter & Gamble recent earnings report. Source: AlphaStreet

Procter & Gamble (PG.US) stock fell over 3.0% in pre-market, however buyers launched a recovery move after the US open. Price bounced off major support at $142.35 which is marked with 38.2% Fibonacci retracement of the last upward wave. As long as price sits above, another upward impulse towards recent highs may be launched, however, buyers need to deal with the 200 SMA (red line), which acts as the first line of resistance. Source: xStation5

12 March 2026, 12:00 PM

Market wrap: European stocks attempt to stabilize despite the surge in oil prices 🔍

12 March 2026, 9:56 AM

Chubb to insure ships crossing the Strait of Hormuz 🗽 What does it mean for the company?

11 March 2026, 4:40 PM

Rheinmetall earnings: Formidable growth, but the market expected more

11 March 2026, 3:43 PM

From Dependence to Control. Meta’s Development of Proprietary AI Chips

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days