NEW YORK (TheStreet) -- Procter & Gamble Co. (PG) - Get Report stock is decreasing by 0.85% to $76.70 in late morning trading on Monday, before the company's fiscal 2016 second quarter financial report, due out on Tuesday before the market open.
The Cincinnati-based consumer packaged goods manufacturer is expected to report a year-over-year decline in earnings per share and revenue.
Analysts are anticipating earnings of 98 cents per share on $16.94 billion in revenue for the latest quarter.
Last year, Procter & Gamble posted earnings of $1.06 per share on revenue of $20.16 billion for the quarter ended December 31, 2014.
Sales and operating profit growth is expected to accelerate through the 2017 fiscal year because of cost savings, advantageous year-over-year comparisons, productivity initiatives and sales leverage, according to Stifelanalysts, Barron's reported.
Separately, Procter & Gamble has a "buy" rating and a letter grade of B at TheStreet Ratings because of the company's increase in net income, expanding profit margins, largely solid financial position and growth in earnings per share.
You can view the full analysis from the report here: PG
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.