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PG - Earnings Extravaganza: This Week Brings Nearly 25% Of S&P 500 Company Reports
Procter & Gamble Company
The next five days are packed on the earnings beat with about a quarter of S&P 500 companies due to report. So far, things have gone pretty well, but it’s still early. A little more than 14% of S&P 500 companies have reported through Friday, FactSet data shows. Of those, 81% posted earnings that beat third-party consensus expectations.
So that means we’ll be 40% done with earnings by the end of this week, giving investors a decent feel for how Q3 went. The season started with analysts expecting a 4% year-over-year earnings drop, but maybe