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Procter & Gamble’s EPS Set to Improve, but at a Slower Rate

Procter & Gamble’s EPS Set to Improve, but at a Slower Rate

Procter & Gamble (PG) has exceeded analysts’ expectations regarding its bottom line in the past 12 quarters, despite witnessing significant pressure on margins from soft sales and higher costs. Share repurchases, as well as productivity and cost savings, are the key catalysts driving its EPS higher. The recently implemented lower effective tax rate further cushioned its earnings.