Procter & Gamble (PG) lowered its fourth quarter core EPS forecast to between $0.75 and $0.79 Wednesday morning, from prior expectations of $0.79 to $0.85. The consensus estimate is for EPS of $0.82.
Procter & Gamble gapped open sharply lower Wednesday and fell in early trade. The stock settled into a range for the majority of the session and closed down by 1.82 at $60.39 on the highest volume of the year. P&G dropped below a one-month range and set a 9-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.