Procter & Gamble (NYSE: PG) stock is limping into its upcoming earnings report, meaning many investors believe its recent growth spike was just a temporary lift brought on by the global pandemic. Yet the business has been producing impressive sales, profit, and cash flow results even compared to industry rivals like Kimberly-Clark (NYSE: KMB) . And P&G executives have been predicting that demand for its staple products will remain elevated likely long after the COVID-19 threat has passed.
We'll get some more clues about which of these competing growth outlooks is about to occur when the company announces its fiscal third-quarter results in just a few days. So, let's preview that report, due out on Tuesday, April 20.
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For further details see:
Procter & Gamble Earnings: What to Watch