Procter & Gamble (PG) shares have inched higher ahead of the company’s fiscal Q3 results set to be reported before the market opens on Oct. 22. Consensus is for the consumer goods giant to record $1.89 in earnings per share (EPS) for its third financial quarter, down from $1.99 per share a year ago.
Procter & Gamble stock has staged a significant comeback in October, currently up more than 10% versus the start of this month.