PREVIEW: Procter & Gamble falls ahead of results

Shares of Procter & Gamble PG.N falling 0.7% on Wed ahead of qtrly results early on Thur, with investors focused on consumer spending trends and pricing strategy

Analysts expect the consumer goods giant, known for brands like Tide and Crest, to report qtrly rev up 2% to $22.28 bln, while adjusted EPS is seen at $1.86 vs $1.88 a yr ago, per LSEG

The stock is up about 2% year-to-date, outperforming the S&P 500's .SPX 0.4% fall; Shares remain ~19% below Dec 2, 2024 record high close

PG recently traded at 20x forward earnings, below its five-year avg of 23x, per LSEG data

The co earlier this month began changing packaging for its Kid's Crest toothpaste to address concerns from the Texas Attorney General about fluoride use and marketing

Of 27 analysts covering the stock, fifteen rate it 'buy' or 'strong buy' and twelve rate it 'hold'