|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.23 - 56.34|
|52 Week Range||54.23 - 77.79|
|PE Ratio (TTM)||10.31|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||2.80 (5.06%)|
|1y Target Est||74.77|
Jim Cramer addresses the recent pain in cigarette manufacturers' stocks and shares his outlook on the tobacco business.
Altria Group Inc (NYSE:MO) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $71.02 and falling to the lows ofRead More...
Altria's (MO) first-quarter 2018 results show higher revenues in the smokeless category. Lower cigarette volumes were a drag.
Altria Group (MO) posted its 1Q18 earnings today with adjusted EPS (earnings per share) at $0.95 and revenue, net of excise taxes, at $4.67 billion. The company outperformed both analysts’ revenue expectations for $4.63 billion and their EPS expectations for $0.92. Year-over-year, Altria’s revenue has increased 1.8%.
Altria Group (MO) reiterates 2018 outlook after posting solid results for the first quarter. The company also hikes dividend.
The Richmond, Virginia-based company said it had net income of $1 per share. Earnings, adjusted for non-recurring gains, came to 95 cents per share. The results exceeded Wall Street expectations. The average ...
Altria Group Inc. on Thursday reported earnings that beat analyst expectations. Net income of $1.9 billion was up from $1.4 billion a year ago. Per-share earnings were $1.00, versus 72 cents a year ago. ...
As of April 19, 2018, Philip Morris International (PM) was trading at $85.64. Analysts expect the company’s stock price to reach $109.44 in the next 12 months, which represents a return potential of 27.8%.
Due to its high visibility in Philip Morris International’s (PM) earnings, we have opted for the forward PE (price-to-earnings) multiple. Forward PE multiples are calculated by dividing companies’ current stock prices by analysts’ earnings estimates for the next four quarters.
Philip Morris International (PM) posted adjusted EPS (earnings per share) of $1 in 1Q18, 2.0% higher than its EPS of $0.98 in 1Q17, and higher than analysts’ expectation of $0.90. In 1Q18, the company’s EPS were driven by revenue growth and currency exchange, and partially offset by net margin contraction.
Philip Morris International (PM) had gross, EBIT (earnings before interest, and tax), and net margins of 61.8%, 35.2%, and 22.6%, respectively, in 1Q18, compared with 64.1%, 39.5%, and 26.2%, in 1Q17.
Jim Cramer considers which is worse for stocks: the 10-year Treasury breaching 3% or the tariff battles with China.
"Mad Money" host Jim Cramer addresses the recent pain in cigarette manufacturers' stocks and shares his outlook on the tobacco business. Cramer tracks how electronic cigarette makers like Juul Labs are stifling business at traditional cigarette makers. Last week, CNBC's Jim Cramer watched the long-standing tobacco sector get obliterated as Wall Street sentiment on the space turned starkly negative.
Analysts expect Philip Morris International (PM) to post revenue of $32.5 billion in the next four quarters, 9.8% higher than the $29.6 billion seen in the last four quarters. The growth is expected to be driven by price variance and RRP (reduced-risk product) sales and offset by a decline in cigarette shipment volumes. In 2018, Philip Morris expects pricing variance for combustible tobacco products to be favorable, by 7%. In 2018, its expects RRP revenue to rise 80%–90% from the $3.6 billion seen in 2017 as the company continues to expand product availability.
Philip Morris International (PM) posted revenue of $6.9 billion in 1Q18, missing analysts’ expectation of $7.0 billion. A deacceleration in iQOS sales led to lower-than-expected sales in 1Q18. However, the company’s 1Q18 revenue was 13.7% higher than the $6.1 billion it reported in 1Q17.
Philip Morris International (PM) posted its 1Q18 earnings before the market opened on April 19, 2018. The company reported adjusted EPS (earnings per share) of $1 on revenue of $6.9 billion. The company’s EPS rose 2.0% YoY (year-over-year), while its revenue rose 13.7%.
The idea of marijuana exchange traded funds (ETFs) is undoubtedly intoxicating, no pun intended. However, just one dedicated marijuana ETF trades in the U.S. You read that right. The world’s largest ETF market — by a wide margin — only has a single dedicated marijuana ETF.
Some analysts say that a shift toward vaping among pot users could make the marijuana business an opportunity for big tobacco firms like Altria Group and Turning Point Brands.
Philip Morris International Inc. (NYSE:PM) shares fell off a cliff on April 19 after the company reported disappointing earnings. The fall was bigger than the disappointment, but it seemed to portend trouble for tobacco generally and took the whole consumer staples sector of the market down with it. The company — which sells exclusively outside the U.S. and spun-out from Altria Group Inc (NYSE:MO) in 2008 — had net income of $1.65 billion, $1.00 per share, on revenue of $6.9 billion.