Procter & Gamble’s fiscal 2027 guidance falls short of estimates due to $1 billion in after-tax cost pressures.
Procter & Gamble (PG) issued fiscal 2027 guidance below analyst expectations, projecting core earnings per share of $6.89 to $7.11. The midpoint, $7.00, implies less than 2% growth, weighed down by $1 billion in after-tax cost headwinds.
The company cited higher raw-material, energy, and transportation costs, along with $150 million in net interest expense and $50 million in currency impacts. These factors combine for an $0.56-per-share drag, wiping out 8 percentage points of earnings growth.
Shares trade near $144, just 5% above their 52-week low of $137.62, reflecting investor caution over the outlook. The guidance revision follows a softer-than-expected fiscal fourth-quarter report.