Altria Group Earnings Preview: Get Ahead of the Analysts

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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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Altria Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Altria Group has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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