Consumer goods staple Procter & Gamble (NYSE:PG) is all set to announce earnings tomorrow, but analysts aren't as optimistic about the company as they once were. Despite a very solid third quarter report in October and hitting an all-time high in November, analysts are backing down from their more positive predictions about Procter & Gamble's performance. Does this mean that investors should stay away from the company?

In this segment of the Motley Fool's consumer goods show, Consumer Countdown, CG analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to discuss what lies ahead for Procter & Gamble and if the company is still a worthwhile investment.

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Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Procter & Gamble. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.