Procter & Gamble Q1 2010 Earnings Preview Analysis
Neil Carvin submits:
This post describes our model of Procter & Gamble‘s (PG) Income Statement for the third quarter of fiscal 2010, which will end on 31 March 2010.
The purpose of the model is to establish a baseline for identifying surprises, positive or negative, in the quarterly results the company will report. Estimates for each line of the Income Statement are derived from management’s guidance, the company’s historical financial results, and other publicly available data.
We begin by reviewing background information about P&G and the business environment in which it is currently operating.
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