What to Expect From The Procter & Gamble’s Upcoming Q1 Results?
<p>Deutsche Bank analysts shared their outlook on <a href='https://financialmodelingprep.com/financial-summary/PG'>The Procter & Gamble Company (NYSE:PG)</a> ahead of the upcoming Q1 earnings report and slightly lowered their price target to $155 from $157 while maintaining their buy rating. The analysts approach Q1 results more conservatively than the Street (especially on gross margin) given expected cost, FX, and mix pressures. </p>
<p>Moreover, while the analysts expect the company to more or less maintain its underlying full-year guidance assumptions (including over 3-5% full-year organic growth), they see stronger dollar conditions perhaps leading to a roughly -2-point reduction in full-year EPS.</p>
<p>However, the analysts also believe buy-side sentiment already reflects these downward leanings, with the bar for Q4/22 organic growth seemingly settling at over 5%.</p>

NYSE:PG