Earnings Outlook For Altria Group
Portfolio Pulse from Benzinga Insights
Altria Group (NYSE:MO) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with analysts predicting an EPS of $1.08. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Altria's stock price has shown modest reactions to earnings beats or misses. The stock is currently trading at $40.46, down 13.56% over the last year, indicating a bearish sentiment among long-term shareholders ahead of the earnings release.
January 31, 2024 | 2:02 pm
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Altria Group is anticipated to report quarterly earnings with an EPS estimate of $1.08. Historical data shows minor stock price movements post-earnings. The stock has declined over the past year, suggesting a bearish outlook.
The expected EPS is in line with historical performance, and past earnings have resulted in minor stock movements. The current bearish trend may temper any positive impact from an earnings beat. However, guidance will play a critical role in short-term price action.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100