What to Expect From The Procter & Gamble’s Upcoming Q3 Earnings Results?
<p>RBC Capital analysts provided their views on <a href='https://financialmodelingprep.com/financial-summary/PG'>Procter & Gamble (NYSE:PG)</a> ahead of the upcoming Q3/23 earnings report, scheduled on Friday.</p>
<p>The analysts expect organic sales growth of 4% (in-line with the Street) and EPS of $1.33 (vs. Street’s $1.32). </p>
<p>The analysts expect US trends to lead the way with softer trends internationally (Europe and China—though early signs of recovery in China). After years of China’s strict no-COVID policy, analysts are beginning to see signs of a less restrictive policy. While the analysts do not expect China reopening to be a linear recovery process and still expect it to be a headwind in the quarter, they believe early indicators would suggest a recovery in China is in place and expect it will strengthen markedly into H2/23.</p>

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