Is Procter & Gamble (PG) a Smart Investment Pre-Q4 Earnings?

Category: Finance

Procter & Gamble is expected to report fourth-quarter fiscal 2024 results on July 30, with projected revenues of $20.7 billion, reflecting a 0.9% increase year-over-year. The company has shown consistent earnings growth, with a trailing four-quarter earnings surprise of 6.5%. Despite challenges such as supply chain issues and geopolitical tensions, P&G's strong brand portfolio and pricing strategies are anticipated to drive organic sales growth. However, currency fluctuations and rising costs may impact profitability.

Keywords: Procter & Gamble, earnings report, fiscal 2024

Source: Yahoo Finance

Update At: 7/30/2024

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