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How Analysts Reacted to PG’s 3Q18 Results

How Analysts Reacted to PG’s 3Q18 Results

Procter and Gamble (PG) saw improved sales and earnings performance in fiscal 3Q18. The company’s top and bottom line surpassed analysts’ expectations. However, the company’s soft organic sales growth rate and sluggish margins due to lower pricing and increased costs didn’t sit well with analysts.