P&G Stock Stumbles Despite Earnings Beat

Procter & Gamble's stock closed at $145.71 on September 24, 2026, down 1.14 percent from the prior session on the NYSE. The company reported earnings per share (EPS) of $1.43 for the latest quarter, beating the consensus estimate by a penny.

The revenue figure reached $21.20 billion, up 1.5 percent from the same period last year but fell short of the estimated $21.38 billion. This discrepancy raises questions about whether P&G's sales growth can support its valuation.

Analysts have set a price target of $161.55 for the stock, which is based on 23 research firms' consensus view. However, with revenue missing expectations by $0.18 billion, it remains to be seen if this target will materialize.