Procter & Gamble Q3 FY2026: EPS $1.99 Beats $1.90 — Then Announces 7,000 Job Cuts

# Procter & Gamble Q3 FY2026: EPS $1.99 Beats $1.90 — Then Announces 7,000 Job Cuts

> **Quick answer:** Procter & Gamble beat Q3 FY2026 EPS at $1.99 versus the $1.90 consensus — a 5% beat — and posted revenue of $22.4 billion against a $22.18 billion estimate. Organic sales grew 2% year-over-year, full-year guidance was maintained, and PG stock rose 2.09% pre-market. Then P&G confirmed it is eliminating up to 7,000 non-manufacturing jobs — roughly 15% of its white-collar workforce — over two years. The simultaneous beat-and-cut is the defining earnings story of April 24.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

Procter & Gamble Q3 2026 earnings PG stock coverage starts with one of the most striking structural stories of this earnings cycle: a consumer goods giant that beat estimates cleanly, held guidance, and then announced one of the largest white-collar restructurings in its recent history — all in the same press release. The market rewarded the beat. Now comes the harder conversation about what 7,000 cuts mean for everyone else.

## The Earnings Beat: By the Numbers

P&G delivered a clear beat across every headline metric on April 24, 2026.