What to Expect From The Proctor & Gamble’s Q3 Results?
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/PG'>The Procter & Gamble Company (NYSE:PG) </a>ahead of the company’s Q3 results, expecting organic sales growth of 6% (in line with Street estimate) and EPS of $1.29 (vs. Street’s $1.30). Consumer demand has remained strong, as shown by scanner data and confirmed by RBC Capital’s channel work. </p>
<p>The analysts expect the company to increase its expected commodity/transportation headwind and point to the lower-end of its 2022 EPS range. For 2022 revenue, the analysts expect the company to reiterate its 4-5% year-over-year organic growth guidance (vs. Street’s 5.4%), which it raised last quarter from the initial 2-4%. </p>
<p>While the analysts expect numbers to come down, with potential stock pressure on the day of earnings report, they believe the company will ultimately outperform its peers throughout the earnings season.</p>

NYSE:PG