PREVIEW: Procter & Gamble seen reporting higher rev and EPS

Procter & Gamble PG.N shares advancing 1.8% on Thurs, with the consumer goods maker seen reporting higher rev and EPS in its qtrly results due before the bell on Fri

Analysts expect co to report Q3 rev up 4% at $20.50 bln, with adjusted EPS seen at $1.56 vs $1.54 yr-ago, per LSEG

Investors are likely to focus on any details on demand and fresh cost pressures from the war in Iran

Last qtr, co's rev missed estimates on weak consumer spending and lower volumes, although its beauty business showed strength

Morgan Stanley on Thurs cut its PT on the stock to $166 from $175

The median 12-mo PT is $166; the stock last at $145.41

PG's stock has advanced about 1.5% YTD, compared with the Dow's .DJI 1.8% rise