Altria Group 2Q Earnings Pregame Scorecard
After meeting Wall Street expectations last quarter, Altria Group (NYSE:MO) is slated to report again on Tuesday.
Analysts currently expect Altria Group to come in with earnings of 57 cents per share on revenues of $4.49 billion. Analyst estimates range from 55 cents per share to 59 cents per share. The average estimate has shown no movement over the last three months.
Recently, the stock price has been rising Since June 20, 2012 business days the stock has risen $2.01 per share. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up $4.16 (13.1%), from $31.76 to $35.92.
Company Fundamental Trends
Analysts are bullish on the stock as seven analysts rate it as a buy and there are no sell ratings. The average analyst rating of the stock has stayed unchanged from three months prior.
Last Quarter's Results
In the first quarter, profit rose 3.8% to $973 million (48 cents a share) from $937 million (45 cents a share) the year earlier, meeting analyst expectations. Revenue rose 1.3% to $3.99 billion from $3.94 billion.
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012 before market open
EPS: 57 cents
Revenue Estimate: $4.49 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)