Erste Group Bank Lowers Procter & Gamble's Earnings Forecast to $7.00

Erste Group Bank has decreased its FY2027 earnings per share (EPS) forecast for Procter & Gamble to $7.00, down from their prior estimate of $7.01.

This adjustment comes after the company reported a quarterly EPS of $1.43, beating the consensus estimate of $1.41 by $0.02.

Procter & Gamble's FY2028 earnings are now estimated at $7.42 EPS by Erste Group Bank.

The firm has set its FY 2027 guidance at 6.890-7.110 EPS, and its quarterly revenue was up 1.5% on a year-over-year basis.