By Brian Sozzi

Procter & Gamble (PG) is taking a cautious approach to the next 12 months as it navigates uncertain consumers and Trump tariffs.

The consumer products giant said Tuesday it will see a $1 billion hit to profits in its new fiscal year as a result of tariffs. It offered mixed earnings-per-share guidance as a result, with the bottom end of the range below analyst forecasts.

Shares rose slightly in pre-market trading as its fiscal fourth quarter results beat estimates.

P&G's earnings come amid a change atop the C-suite ahead of the results.

It announced late Monday that Shailesh Jejurikar will succeed CEO Jon Moeller on Jan. 1, 2026. Jejurikar is currently the company's COO but has been with P&G since 1989. He has helped lead some of P&G's most important businesses around the world, notably a fabric care business led by the Tide brand.

Moeller has been the CEO of P&G since November 2021. He has been with the company since 1988, holding positions such as COO and CFO before landing the top job from David Taylor.

Moeller will assume the position of executive chairman of P&G.

"We are not surprised as we believe Mr. Jejurikar’s was the natural successor to CEO Moeller after his appointment to the COO position in October of 2021. We also think Jejurikar’s experience in both developed markets and emerging market and as the CEO of global fabric care and home care gives him enough experience to lead P&G," said JP Morgan analyst Andrea Teixeira.

Earnings insight: Weakness in fabric and baby products

• Net sales: $20.9 billion, +2% from the prior year vs. $20.82 billion estimate

• Organic sales growth: +2% vs. +1.75% estimate

  • Beauty segment organic revenue growth: +1% vs. +1.6% estimate

  • Grooming segment organic revenue growth: +1% vs. +2.46% estimate

  • Healthcare segment organic revenue growth: +2% vs. +3.57% estimate

  • Fabric and home care segment organic revenue growth: +1 vs. +1.76% estimate

  • Baby, feminine, and family care segment organic revenue growth: +1% vs. +1.37% estimate

• Adjusted EPS: $1.48, +6% from the prior year vs. $1.42 estimate

What else caught our attention: Warnings

• Full-year organic sales growth: 0% to +4% (estimate: +2.54%)

• Full-year earnings per share: $6.83 to $7.09 (estimate: $6.99)

Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com.