Altria Group Earnings Preview: Get Ahead of the Analysts
Altria Group (NYSE:MO) will report earnings before markets open on Tuesday, July 23rd. Altria Group, Inc. is a holding company. The Company, through subsidiaries, manufactures and sells cigarettes and other tobacco products, including cigars and pipe tobacco. Altria holds an interest in a brewery company.
Here is your Cheat Sheet to Altria Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.63 per share on revenues of $4.62 billion. Currently, the company’s P/E ratio stands at 17.23.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.64 to a profit $0.63. For the current year, the average estimate is a profit of $2.4, which is better than the estimate ninety days ago.
Here’s how Altria Group has been performing on an annual basis:
|Revenue ($) in millions||19,356||23,556||24,363||23,800||24,618|
|Diluted EPS ($)||2.36||1.54||1.87||1.64||2.06|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||6,487.00||6,242.00||6,242.00||5,528.00|
|Diluted EPS ($)||0.60||0.32||0.55||0.69|
Altria Group has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)