Will Altria Group's Earnings Take a Big Tumble?
Altria Group (NYSE: MO) hasn't been able to participate fully in the stock market's strong performance so far in 2017. Even though the tobacco company saw early success thanks to its tenacity and brand power, rising concerns among shareholders have centered on regulatory challenges and the potential fallout for Altria's core cigarette business.
Altria expects to report third-quarter results on Thursday, Oct. 26, and although those following the stock are guardedly optimistic, they still see the likelihood that the company won't be able to do much to boost its top line as much as it has in the past. Investors will want to see an enlightened approach to future growth that will respond to the actions that Altria itself will have to take in order to comply with a court order in a long, hard-fought legal battle. Let's take a closer look at Altria to see what you should be ready for in its coming earnings report.
Analyst EPS Estimate
Source: Fool.com
Altria Group Inc. Stock
With 8 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 46 € shows a slightly positive potential of 7.7% compared to the current price of 42.71 € for Altria Group Inc..
