Procter & Gamble Co. said in its third-quarter 2025 earnings release on Thursday that its net revenue fell by 2% compared to the same quarter in 2024, amounting to $19.8 billion. Net earnings were virtually unchanged year-on-year at $3.8 billion, with diluted earnings per share (EPS) up 1% to $1.54.
P&G said its fiscal 2025 diluted EPS growth is expected to be in the range of 6% to 8%. "We’re making appropriate adjustments to our near-term outlook to reflect underlying market conditions while remaining confident in the longer-term growth prospects for our brands and the markets where we compete," CEO Jon Moeller said.
The company's shares dropped 1.95% in the premarket after the announcement.