PREVIEW: P&G seen reporting higher rev, lower EPS in results due Thursday
BUZZ-PREVIEW: P&G seen reporting higher rev, lower EPS in results due Thursday ** Shares of Procter & Gamble PG.N slipping 1.3% on Wed, as investors watch for commentary on consumer demand and cost pressures, with results due before the bell Thurs
** The consumer products maker is expected to post a 2% rise in qtrly rev to $22.8 bln, while adj EPS is seen falling to $1.88 from $1.99 a yr ago, per LSEG
** In its July report, the co forecast slower sales and profit growth in fiscal 2027 and cited a challenging geopolitical and economic environment
** Analyst estimates on the stock include 12 "strong buy" or "buy" recommendations, 14 "hold" recommendations and 1 "sell" recommendation
** PG options imply a 3.1% swing for the shares, in either direction, by Fri; that compares with a 1.7% avg move for the shares on the day of results, over the last eight qtrs, according to Trade Alert
** PG shares have risen ~10% YTD, underperforming the S&P 500's .SPX ~13% gain but roughly even with gain in Dow Industrials .DJI
(Reporting by Caroline Valetkevitch; additional reporting by Saqib Iqbal Ahmed in New York)
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