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.

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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. 

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