US Stocks Move: Procter & Gamble Drops Nearly 6% as New Fiscal Year Revenue and Profit Guidance Falls Short of Expectations

Glonghui, July 29 — Procter & Gamble (PG.US) shares fell nearly 6% in early trading, hitting a low of $140.2, the lowest since early June. According to reports, Procter & Gamble’s net sales for the fourth quarter grew by 1.5% to $21.2 billion, falling short of analysts’ expectations of $21.38 billion; adjusted earnings per share were $1.43, slightly above the analyst estimate of $1.41. Looking ahead to fiscal year 2027, Procter & Gamble expects net sales to increase between 1% and 3%, compared to a 3.3% increase in fiscal year 2026, with the average analyst estimate at 2.7%; adjusted earnings per share are expected to be between $6.89 and $7.11, with the midpoint also below analysts’ expectations of $7.04.