Analysts Expect Procter & Gamble’s Sales to Remain Weak
Analysts expect Procter & Gamble (PG) to continue to disappoint investors with its sales performance in the first half of fiscal 2019. Analysts’ consensus estimate indicates a low single-digit decline in Procter & Gamble’s top line for the first two quarters of fiscal 2019. Analysts expect Procter & Gamble to report net sales of $16.6 billion and $17.3 billion in the first and second fiscal quarter, respectively.