Procter & Gamble, the Cincinnati-based parent of brands including Charmin, Crest and Pampers, will report fiscal first-quarter earnings early Wednesday.Earnings Profit: P&G PG, +0.13% is expected to report per-share earnings of $1.72, according to analysts polled by FactSet, That’s up from $1.57 in the year-earlier period.
Revenue: FactSet analysts are expecting revenue of $21.580 billion, up from $20.612 billion a year ago.Stock movement: P&G’s stock has fallen 4% in the year to date, while the S&P 500 SPX has gained 13.7%. But the stock is up 14% over the last 12 months, while the S&P 500 has gained 18.7%. What else to watch for Investors will be eager to see whether P&G has raised prices again, as it has for the past few quarters in a high inflation environment.
“Pricing isn’t going away in absolute,” Moeller said, according to a FactSet transcript. “It is linked to innovation and we have a very strong innovation pipeline. If you look back historically, pricing has been a positive contributor to our top-line growth for something like 48 out of the 51 last quarters and again as we strengthen our innovation program even further, that will provide opportunities to continue to benefit from modest pricing.