Cincinnati, Ohio-based Procter & Gamble Company (PG) is the world’s largest consumer packaged goods company. With a market cap of $408.8 billion, Procter & Gamble operates through Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care segments. It is expected to release its Q1 earnings before the market opens on Friday, Oct. 18.
Ahead of the event, analysts expect Procter & Gamble to report a profit of $1.90 per share, up 3.8% from $1.83 per share reported in the year-ago quarter. Moreover, the company consistently surpassed Wall Street’s earnings estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter grew by 2.2% year-over-year to $1.40, surpassing the consensus estimates by the same margin.
