Smokeless Unit & Pricing To Boost Altria's (MO) Q2 Earnings
Zacks Investment Research | Jul 23, 2019 08:45AM ET
Altria Group, Inc. (NYSE:MO) is slated to release second-quarter 2019 results on Jul 30, before the opening bell. The company’s earnings missed the Zacks Consensus Estimate by 2.2% in the last reported quarter. Prior to this, the bottom line had surpassed estimates for six straight quarters.
Let’s discuss how things are shaping up for the upcoming quarterly release.
Estimates Reveal Bright Prospects
The Zacks Consensus Estimate for earnings has improved by a penny in the past seven days and is currently stable at $1.10. The projected figure indicates 8.9% growth from the year-ago quarter’s level. The consensus mark for revenues is pegged at $5,047 million, suggesting a rise of 3.4% from the year-ago quarter’s level.
Altria Group, Inc. Price, Consensus and EPS Surprise
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