Altria Group (MO) Scheduled to Post Earnings on Thursday
Altria Group (NYSE:MO) is set to post its Q114 quarterly earnings results on Thursday, April 24th. Analysts expect Altria Group to post earnings of $0.57 per share and revenue of $4.03 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.57 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.58 by $0.01. The company had revenue of $6.08 billion for the quarter, compared to the consensus estimate of $4.48 billion. On average, analysts expect Altria Group to post $2.56 EPS for the current fiscal year and $2.76 EPS for the next fiscal year.
Altria Group (NYSE:MO) opened at 38.64 on Wednesday. Altria Group has a one year low of $33.12 and a one year high of $38.66. The stock has a 50-day moving average of $37.22 and a 200-day moving average of $36.82. The company has a market cap of $76.822 billion and a price-to-earnings ratio of 17.00.
A number of analysts have recently weighed in on MO shares. Analysts at Nomura initiated coverage on shares of Altria Group in a research note on Tuesday, April 8th. They set a “neutral” rating and a $40.00 price target on the stock. On the ratings front, analysts at TheStreet reiterated a “buy” rating on shares of Altria Group in a research note on Wednesday, February 19th. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Altria Group in a research note on Monday, February 10th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $40.43.
Altria Group, Inc is a holding company. At December 31, 2012, Altria Group, Inc’s direct and indirect wholly owned subsidiaries included Philip Morris USA Inc (NYSE:MO), which is engaged in the manufacture and sale of cigarettes and certain smokeless products in the United States; John Middleton Co (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA; and UST LLC (UST), which through its direct and indirect wholly owned subsidiaries, including U.
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