P&G Warns on Commodity Costs Despite Q1 Earnings Beat
Key Facts
Procter & Gamble reported fiscal 2027 Q1 net sales of $23.3 billion, marking a 4% increase year-over-year. The company stated that core earnings per share reached $2, exceeding analyst estimates, while diluted net earnings per share were $1.97 according to a statement via Business Wire.
The company expects a larger hit to its annual profit due to rising commodity costs. PG closed at $157 on October 21, 2026, while LTRX closed at $5.92 on the same date ahead of its scheduled earnings release in November.
Lantronix is scheduled to release its fiscal 2027 first quarter financial results on November 9, 2026, after LTRX traded within a range of $5.82 to $6.03 on October 21, 2026.
Latest Updates · 4
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Update: The company quantified the expected cost squeeze at $1.4 billion. Reported revenue of $23.28 billion surpassed the average analyst estimate of $22.80 billion.
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Update: Procter & Gamble updated its full-year sales forecast to reflect the acquisition of Thorne, following a first-quarter performance that exceeded Wall Street estimates for both earnings and revenue.
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Update: Procter & Gamble warned of a larger hit to its annual profit from higher commodity costs than previously anticipated. The warning comes despite the company beating revenue estimates for the first quarter.
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Update: Procter & Gamble warned of a larger impact on its annual profit due to higher commodity costs. This outlook was issued despite the company exceeding its previously reported revenue estimates for the quarter.