# Procter & Gamble shares surged more than 3% on Friday after the American consumer products leader announced fiscal third quarter profits that exceeded Wall Street projections.

*business · news · 2026-04-24 · Livemint*

## Key points

- P&G warned of a $1 billion after-tax earnings hit for fiscal 2027 due to oil costs.
- Several P&G vendors have issued force majeure notices, disrupting shipments from suppliers.
- P&G experienced a $150 million after-tax commodity cost increase for the current fiscal year.
- Fiscal Q3 volume growth and organic sales for P&G beat even the most bullish analyst forecasts.
- P&G anticipates fiscal 2026 EPS will be at the bottom of its 0%-4% growth target range.

**Companies:** Procter & Gamble, Nestle, Beiersdorf
**Countries:** United States, Iran

[Read the full story on Livemint](https://www.livemint.com/market/stock-market-news/procter-gamble-stock-surges-over-3-after-third-quarter-profit-beats-expectations-11777047994444.html)

---

Canonical: https://newsio.io/n/1c5c5211-6db6-4dc4-bc23-8165683eb5a5/procter-gamble-shares-surged-more-than-3-on-friday-after-the-american-consumer-p
Summarized by Newsio from Livemint. https://newsio.io/how-it-works