09:33 AM EDT, 04/24/2026 (MT Newswires) -- (Updates with guidance in 7th, 8th and 9th paragraphs)

Procter &Gamble (PG) reported fiscal Q3 core earnings per diluted share Friday of $1.59, up from $1.54 a year earlier.

Analysts polled by FactSet expected $1.56.

Net sales for the quarter ended March 31 were $21.24 billion, compared with $19.78 billion a year earlier.

Analysts polled by FactSet expected $20.53 billion.

The company maintained its fiscal 2026 outlook of $6.83 to $7.09 in core EPS and 1% to 5% sales growth.

Analysts polled by FactSet expect non-GAAP EPS of $6.93 on revenue of $86.59 billion.

The company said it expects commodity costs to be a headwind of approximately $150 million after tax, and estimated higher costs from tariffs of about $400 million after tax for fiscal 2026.

"The company continues to expect a net headwind of roughly $250 million after-tax from modestly higher net interest expense and a higher core effective tax rate versus the prior year,"P&G said. "Foreign exchange is forecasted to be a tailwind of approximately $200 million after tax."

P&G said the impacts amount to a headwind of $0.25 per share for fiscal 2026, and that it now expects fiscal 2026 EPS to be toward the lower-end of its guidance range.

Procter &Gamble shares were up more than 4% in early trading Friday.