For the full year, Altria posted EPS of $2.57 on revenues of $17.95 billion (excluding $6.58 billion in excise taxes), compared with EPS of $2.38 and revenues of $17.66 billion in 2013. The consensus estimates called for EPS of $2.57 on revenues of $17.88 billion..
ALTRIA MATCHED EPS of $2.57 BEAT on REVENUES $17.95 billion BUT MISSED BY A PENNY on 4th quarter EPS of .66 VS .67
Can MO make the numbers in a declining cig. volume environment with increased pricing power?
Before the opening bell on Friday morning, Altria Group Inc. (NYSE: MO) is scheduled to report fourth-quarter and full-year earnings. The consensus estimates from Thomson Reuters call for earnings per share (EPS) of $0.67 for the quarter and $2.57 for the year. Analysts are looking for quarterly revenues of $4.53 billion and full-year revenues of $17.88 billion.
You need to diversify, I like biotech GILD into earnings. Don't need to place a ton but I would buy on any pull-back possibly sub $100.
nice pop in PM today.....taking just a little off today....
PM receives 56% of its business from Europe.
Raising cash...post earnings I see PM as a strong buy....taking profits here and re-enter at lower levels..
Not an expert but I believe it works something like this (formula):
0.2909 (factor) x$69.81 (current price of RAI) =$20.308 +50.50 ( constant LO component) = $70.80
This represents (1) share of RAI received from each share of LO held..
Just for the record & if you recall, the mid 70's is exactly where Klongturd sold his PM shares sustaining huge losses. His cost bases was near $90 a share.........buy high, sell low........LOL
The euro needs to rebound somewhat vs. the USD.
It has broken the 50 day moving average ($83.22) & the 200 day moving average($84.90) .
The 52 week low is $75.38 which it hit in February of 2014.
If PM reports (Feb 5th) that price increases are not enough to counter a drop in sales and forex head-wins effect EPS, PM could test it's 52 week low and mid 70's is not out of the question.
PM is a sale on any decent upward bounce pre-earnings.
Several blue-chip stocks reported earnings - missed forex in play with strong USD.
War chest in play today....Dow down 300 pre-market..Girls hold onto your Pant**s today
Full-Year 2014 Forecast (revised with Q3'14 reported EPS). PM revised its 2014 full-year reported diluted earnings per share (“EPS”) forecast to be in a range of $4.76 to $4.81.
As I see it the bar has been set low for Q4( full year 2014 EPS). Through 3 quarters PM reported a total of $3.99 (actual reported EPS) therefore 0.82 meets the higher revised 2014 range.
Question: Why then is the Street looking for $1.06 vs.0.82 which in fact takes is back closer to the full year pre-revised figure. THANKS!
Add Kimberly Clark to the list of stocks with currency headwinds just reported today and heading lower.
May want to consider taking some PM shares off the table pre announcement coming up on 5 February.
Although I have zero respect for Goldman Sacks, the downgrade and $80 price target are not helping PM today.