Procter & Gamble’s Q2 2025 Earnings: What to Expect

Cincinnati, Ohio-based The Procter & Gamble Company (PG) is the world’s largest consumer packaged goods company. It operates through Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care segments. With a market cap of $394.8 billion, Procter & Gamble's operations span 180+ countries in the Americas, Indo-Pacific, and EMEA regions. The household & personal products giant is set to release its Q2 results before the market opens on Wednesday, Jan. 22.
Ahead of the event, analysts expect Procter & Gamble to report a profit of $1.88 per share, up 2.2% from $1.84 per share reported in the year-ago quarter. Moreover, the company consistently surpassed Wall Street’s earnings estimate in each of its past four quarters. Its adjusted EPS for the last reported quarter grew by 5.5% year-over-year to $1.93, exceeding analysts’ estimates by 1.6%.
For fiscal 2025, analysts expect Procter & Gamble to report an adjusted EPS of $6.93, up 5.2% from $6.59 in fiscal 2024. While in fiscal 2026, its adjusted EPS is expected to grow 6.6% year-over-year to $7.39.

P&G has gained 11.6% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 23.7% returns but outperforming the Consumer Staples Select Sector SPDR Fund’s (XLP) 7.6% gains during the same time frame.

Shares of Procter & Gamble experienced a marginal dip after the release of its mixed Q1 earnings on Oct. 18. Although its organic sales (excluding forex impact) increased nearly 2%, its overall net sales declined 61 basis points compared to the year-ago quarter to $21.7 billion. Meanwhile, its non-GAAP earnings observed modest growth due to favorable price and productivity savings, but the company hasn’t observed any volume growth.
Furthermore, P&G reported a 12.3% year-over-year drop in cash operating flows from operating activities, which has raised investors’ concerns.
Nevertheless, analysts remain optimistic about the stock’s long-term prospects, it has an overall consensus “Moderate Buy” rating. Out of the 27 analysts covering the stock, 15 recommend “Strong Buy,” two advise “Moderate Buy,” and 10 suggest a “Hold” rating. Its mean price target of $182.50 indicates a 10% upside potential to current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.