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We recently published a list of 10 Stocks Expected To Post Impressive Earnings This Week. In this article, we are going to take a look at where The Procter & Gamble Company (NYSE:PG) stands against other stocks expected to post impressive earnings this week.
The earnings season is in full flow as we kick off the week with earnings from big names like Netflix and United Airlines. Most of the big names are expecting a positive earnings report with some even hitting 52-week highs in anticipation of the upcoming earnings.
The S&P is up 0.5% while the Dow is about to hit the 1% mark, reflecting the positive sentiment among the US traders. We decided to compile a list of the top names scheduled to announce their earnings this week, looking at what was driving the optimism behind their earnings.
To come up with the list of 10 stocks expected to post impressive earnings this week, we only considered stocks with a market cap of over $30 billion that are scheduled to announce their earnings this week.
A happy couple viewing the products of this household and personal product company in a mass merchandiser store.
The Procter & Gamble Company (NYSE:PG)
The Procter & Gamble Company (NYSE:PG) is a consumer packaged goods supplier. It operates through feminine and family care, beauty, health care, and other segments. The company predicts solid performance with 2% to 4% YoY sales growth in FY 2025, impressive enough for a stable consumer goods business. EPS is also expected to grow 5% to 7% in the upcoming fiscal year. Procter & Gamble (NYSE:PG) was the 5th best stock in the household and personal care sector due to its strong 2024 performance.
The share price of The Procter & Gamble Company (NYSE:PG) was up 14% in 2024 but December seemed a challenging month for the stock as it fell 7% to give up some of the gains. Investors might take this decline in share prices as an opportunity to take a position in the stock and gain once the earnings come out. For defensive investors, the current dip presents a good opportunity considering the company’s healthy 2.5% dividend yield.
Overall, PG ranks 9th on our list of stocks expected to post impressive earnings this week. While we acknowledge the potential of PG as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as PG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.