Altria Group Inc

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  • People discussing finances together such as dividend stocks
    Real Insights

    Stocks With the Highest Dividend Yields in 2021

    By Rachel Curry
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    Consumer

    Why Did Tobacco Stocks Rally on September 12?

    The potential ban on flavored e-cigarettes to be favorable for Altria Group (MO), Philip Morris International (PM), and British American Tobacco (BTI).

    By Rajiv Nanjapla
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    Earnings Report

    Inside Altria’s 1Q17 Revenue Expectation: Analysts Anticipate This

    In 4Q16, the Smokeable segment made up 84% of Altria’s total revenues. The Smokeless, Wine, and Other segments made up 10.3%, 5.1%, and 0.6% of the total, respectively.

    By Rajiv Nanjapla
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    Miscellaneous

    Why SABMiller Rejected 3 Anheuser-Busch InBev Bids

    The partial shares option structured with ABI’s proposal is not an advantageous option for many of SABMiller shareholders. This is due to the illiquidity of the restricted shares proposed to be issued by ABI under the option.

    By Phalguni Soni
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    Earnings Report

    What Drove PM’s EU Segment’s Operating Income to Fall?

    Philip Morris’s (PM) European Union region’s reported net revenue fell 6.8% to $1.9 billion in 4Q15 compared to $2.1 billion in 4Q14.

    By Penny Morgan
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    Earnings Report

    RAI’s Operating Margin Grew 41.2% on Strong Segment Results

    RJR Tobacco’s adjusted operating margin increased 4.1 percentage points to 44.6% in 4Q15.

    By Penny Morgan
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    Company & Industry Overviews

    Top Losers in the Consumer Sector: September 4–8, 2017

    After the market opened on September 8, The Kroger Company (KR) reported its fiscal 2Q17 results. The company posted EPS of $0.39 in fiscal 2Q17.

    By Sushree Mohanty
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    Consumer

    Why Altria Group’s 3Q17 Revenues Missed Analysts’ Estimates

    The net revenues from Altria Group’s Smokeable Products segment fell 1.5% from ~$4.5 billion to ~$4.4 billion.

    By Rajiv Nanjapla
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    Consumer

    Philip Morris Stock Falls on Weak 3Q17 Earnings

    Philip Morris International (PM) announced its 3Q17 earnings on October 19. The company posted adjusted EPS (earnings per share) of $1.27 on revenues of $7.47 billion.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Philip Morris’s Low 2014 Volumes in Latin America and Canada Segments

    In 2014, Philip Morris’s Latin America and Canada segment reported a 2.3% decline in net revenues. The region had the company’s lowest revenues, at 11%.

    By Penny Morgan
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    Macroeconomic Analysis

    Government Sector Influenced Personal Income and Expenses Rose

    According to the BEA, personal income rose 0.30% to $52.5 billion in August 2015. This was below the consensus estimate of 0.40%.

    By Lara Sheldon
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    Miscellaneous

    What Are Analysts Recommending for Altria Group?

    As of June 9, 2017, Altria Group (MO) was trading at $75.46.

    By Rajiv Nanjapla
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    Earnings Report

    Why Analysts Recommend a ‘Buy’ for Altria

    As of February 1, 2017, Altria Group (MO) was trading at $71.39. This share price may have been priced into the estimates we’ve discussed previously in this series.

    By Rajiv Nanjapla
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    Earnings Report

    Altria’s Dividends Not Expected to Rise in 4Q16

    Dividends On December 7, 2016, Altria Group (MO) announced a dividend of $0.61 for 4Q16. The record date was December 22, 2016. The 4Q16 dividend takes the company’s dividend for the year to $2.35, which represents a growth of 8.3% from the dividend of $2.17 in 2015. In 1Q17, 2Q17, and 3Q17, analysts expect the […]

    By Rajiv Nanjapla
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    Consumer

    Why Philip Morris’s 2Q17 Revenues Missed Analysts’ Estimates

    In 2Q17, Philip Morris International (PM) posted revenues of ~$6.9 billion, which represents growth of 4.0% from ~$6.7 billion in 2Q16.

    By Rajiv Nanjapla
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    Earnings Report

    How Did Reynolds American’s ‘All Other’ Segment Perform in 4Q15?

    RAI’s increase in revenue was driven by the continued strong performance of Vuse Digital Vapor Cigarette in 4Q15.

    By Penny Morgan
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    Miscellaneous

    Altria’s Revenue in 2017: What Analysts Are Expecting

    Analysts are expecting Altria to post revenue of ~$19.8 billion in 2017, which represents a rise of 2.3% from ~$19.3 billion in 2016.

    By Rajiv Nanjapla
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    Earnings Report

    Altria’s 1Q17 Earnings Were Lower than Analysts’ Estimates

    In 1Q17, Altria Group (MO) posted EPS of $0.72. Removing special items, the adjusted EPS stood at $0.73—slightly lower than analysts’ estimate of $0.74.

    By Rajiv Nanjapla
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    Consumer

    Why Analysts Expect Philip Morris’s Revenue to Fall in Q4

    Analysts expect Philip Morris International (PM) to post revenue of $7.38 billion in the fourth quarter.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Why Did Reynolds American Rise on June 20?

    Reynolds American (RAI) has a market cap of $73.4 billion. It rose by 1.6% to close at $51.03 per share on June 20, 2016.

    By Gabriel Kane
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    Earnings Report

    Reynolds American’s Santa Fe Business Sees Strong 3Q15 Results

    Reynolds American’s Santa Fe subsidiary’s 3Q15 revenue rose 21.8% to $0.21 billion in 3Q15 compared to $0.18 billion in 3Q14.

    By Penny Morgan
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    Miscellaneous

    Why Analysts Are Optimistic about Altria’s 2017 Earnings

    Analysts are expecting Altria Group (MO) to post EPS (earnings per share) of $3.30 in 2017. That represents a rise of 8.9% from $3.03 in 2016.

    By Rajiv Nanjapla
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    Consumer

    Altria’s Valuation Is Higher than Peers ahead of 2Q16 Results

    Altria Group (MO) and Philip Morris International (PM) are trading at higher valuations relative to the S&P 500 Index (SPY) (IVV) (VOO) and the Dow Jones Industrial Average (DIA).

    By Penny Morgan
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    Earnings Report

    Inside Altria’s Margins in 1Q17: What the Analysts Expect

    In 1Q17, analysts are expecting Altria Group (MO) to post a gross margin, EBITDA margin, and net margin of 59.7%, 49.9%, and 30.9%, respectively.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Philip Morris’s 2015 Stock Price in Perspective

    Philip Morris’s stock over the last twelve months showed a ~9.2% decrease in August 2015. But its higher returns on invested capital indicate efficiency.

    By Penny Morgan
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    Consumer

    How Do the Valuation Multiples of Philip Morris and Altria Compare?

    As of August 21, Philip Morris was trading at a forward PE multiple of 15.7x compared to 14.9x before its announcement of its second-quarter earnings.

    By Rajiv Nanjapla
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    Consumer

    Why Jefferies Upgraded Philip Morris International

    On January 19, 2018, Jeffries upgraded Philip Morris International (PM) from “hold” to “buy.”

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Costco Rose, Citigroup Upgraded the Stock

    The S&P 500 Consumer Staples sector rose 0.15% on December 19. Costco Wholesale (COST) and Altria Group (MO) were the top performers.

    By Val Kensington
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    Company & Industry Overviews

    How Does Reynolds American Compare to Its Peers?

    Reynolds American’s peers have outperformed it based on price-to-earnings. However, Reynolds American is ahead of its peers based on price-to-sales.

    By Gabriel Kane
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    Earnings Report

    Why Did Philip Morris’s Margins Contract in 3Q16?

    In 3Q16, Philip Morris International (PM) posted a gross margin, an EBITDA margin, and a net margin of 65.2%, 45.3%, and 27.8%, respectively.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Philip Morris Had Strong Revenue Growth in 4Q16

    Despite the overall decline in cigarette shipments of 4.4%, Philip Morris outperformed other tobacco companies by posting revenue growth of 9.1%.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Altria Group Declares Dividend of $0.61 per Share

    Altria Group (MO) has a market cap of $128.8 billion. It fell by 0.36% to close at $65.92 per share on August 25, 2016.

    By Gabriel Kane
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    Consumer

    Why Analysts Expect Altria’s Net Margin to Rise in 3Q17

    For 3Q17, analysts expect Altria Group (MO) to report a gross margin, EBITDA margin, and net margin of 62.3%, 51.8%, and 31.6%, respectively.

    By Rajiv Nanjapla
  • Cannabis

    Cronos Group: The Company that Won’t Stop Growing

    Cronos Group (CRON) is one of the most popular Canadian cannabis companies that is set to become a leader. The company involves in the production and sale of marijuana and the sub-products obtained from marijuana with facilities located across five continents. Moreover, the company was set up in 2012, with tobacco company Altria Group (MO) […]

    By Anjana Viswanathan
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    Cannabis

    Why Vaping May Not Be a Gold Mine for Cannabis Players

    In recent years, vaping devices or e-cigarettes have been considered safer than tobacco cigarettes. However, the rise in vaping is now a matter of concern.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Altria’s Dividend Yield Gets More Attractive

    On August 23, the markets tumbled due to the escalating trade war. The S&P 500 Index lost around 2.6%. Altria stock held out and lost just 0.4%.

    By Rekha Khandelwal, CFA
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    Cannabis

    Cannabis Industry Heats Up, Trump Might Ban Vaping

    Cannabis legalization is heating up. More states are coming forward to legalize marijuana. Cannabis is also gaining global popularity.

    By Sushree Mohanty
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    Cannabis

    Cronos Group Joins Altria to Bet on Cannabidiol Market

    Cannabis company Cronos Group has expanded its presence in the US cannabidiol market through a tie-up with tobacco company Altria Group.

    By Sushree Mohanty
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    Company & Industry Overviews

    What’s the Latest News from Philip Morris?

    Philip Morris International (PM) has a market cap of $136.3 billion. It rose 0.47% to close at $88.18 per share on December 6, 2016.

    By Gabriel Kane
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    Macroeconomic Analysis

    Reynolds American Collaborates with British American Tobacco

    On September 22, 2015, Reynolds American’s (RAI) indirect subsidiary, R.J. Reynolds Tobacco Company, signed a technology-sharing term sheet with British American Tobacco (BTI).

    By Penny Morgan
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    Consumer

    Can Favorable Pricing and iQOS Help Philip Morris’s 2Q16 Revenue?

    Philip Morris (PM) is set to release its 2Q16 earnings results before the Market opens on July 19, 2016. PM’s earnings and revenue missed the consensus Wall Street analyst expectations in 1Q16.

    By Penny Morgan
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    Company & Industry Overviews

    Philip Morris Plans to Increase Market Share of iQOS

    Philip Morris International (PM) has a market cap of $153.4 billion. It rose by 0.14% to close at $99 per share on August 12, 2016.

    By Gabriel Kane
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    Cannabis

    Vaping Concerns Grow, FDA and FTC Investigate Juul

    Vaping has become very popular. However, investigations by the FTC and FDA sparked more concerns. Juul’s vaping devices could cause seizures.

    By Sushree Mohanty
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    Consumer

    What Are Analysts Recommending for Altria?

    The FDA’s (Food and Drug Administration) recent announcement could have compelled analysts to lower their 12-month target price for Altria Group (MO).

    By Rajiv Nanjapla
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    Cannabis

    Why Trump Has Banned Flavored e-Cigarettes

    On January 2, as reported by CNBC, the FDA banned most fruit- and mint-flavored nicotine products. The move aims to reduce teen usage of these products.

    By Margaret Patrick
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    Macroeconomic Analysis

    Growth Initiatives and Outlook for Tobacco Companies in 4Q15

    Philip Morris has been capitalizing on the growth potential of iQOS and plans to commercialize its expansion in additional cities in Italy and Japan by 4Q15.

    By Penny Morgan
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    Company & Industry Overviews

    Key Events for Consumer Stocks: January 22–26

    On January 16, 2018, Goldman Sachs upgraded Procter & Gamble (PG) to a “neutral” from a “sell” and increased the target price for the stock to $88 from $83.

    By Sushree Mohanty
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    Company & Industry Overviews

    Why Did Reynolds American Rise 14% on October 21?

    Price movement Reynolds American (RAI) has a market cap of $67.3 billion. It rose 14.0% to close at $53.78 per share on October 21, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 13.8%, 10.3%, and 19.6%, respectively, on the same day. RAI is trading 14.1% above its 20-day moving average, 11.2% […]

    By Gabriel Kane
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    Consumer

    Why Altria’s Stock Fell despite Beating 2Q17 Revenue Estimates

    Altria Group (MO) announced its 2Q17 earnings on July 27, 2017. The company has posted EPS (earnings per share) of $1.03 on revenues, net of excise taxes, of $5.07 billion.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Tobacco Giants Philip Morris and Altria Could Merge

    Behemoth tobacco companies Philip Morris (PM) and Altria (MO) might be getting back together after separating more than a decade ago.

    By Sirisha Bhogaraju
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    Company & Industry Overviews

    Philip Morris Starts Its New Manufacturing Facility in Italy

    Price movement Philip Morris International (PM) has a market cap of $159.0 billion. It fell 0.19% to close at $101.53 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.7%, 1.4%, and 17.9%, respectively, on the same day. PM is trading 1.4% above its 20-day moving average, […]

    By Gabriel Kane
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    Miscellaneous

    Analyzing Altria’s Response to ABI’s Bid for SABMiller

    Altria’s support as SABMiller’s largest shareholder is vital. The company has held a stake in SABMiller since 2002.

    By Phalguni Soni
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    Company & Industry Overviews

    Key Dates for Consumer Stocks in the First Week of October

    On September 28, Goldman Sachs upgraded Brown-Forman (BF-B) to “neutral” from “sell” and raised the target price to $56 from $51.

    By Sushree Mohanty
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    Miscellaneous

    Anheuser-Busch InBev Bids for SABMiller: Analysis

    On October 7, Anheuser-Busch InBev announced a formal cash bid of 42.2 pounds per share to SABMiller’s board. This was the third offer rejected by SABMiller.

    By Phalguni Soni
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    Earnings Report

    Altria’s Wine Segment Delivered Robust 1Q16 Results

    Altria Group’s (MO) wine segment’s 1Q16 net revenue rose 8.2% to $0.15 billion compared to $0.13 billion in 1Q15.

    By Penny Morgan
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    Earnings Report

    A Look at Reynolds American’s 3Q16 Performance

    Price movement Reynolds American (RAI) has a market cap of $66.3 billion. It fell 2.1% to close at $46.29 per share on October 19, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.7%, -2.9%, and 2.9%, respectively, on the same day. RAI is trading 2.2% below its 20-day moving average, 4.5% […]

    By Gabriel Kane
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    Earnings Report

    Will Philip Morris’s 2Q17 Earnings Boost Its Stock Price?

    Philip Morris International (PM) is set to announce its 2Q17 earnings before the market opens on July 20, 2017.

    By Rajiv Nanjapla
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    Cannabis

    Cronos Group Receives Rare ‘Buy’ Rating from MKM Partners

    MKM Partners analyst Bill Kirk likes Cronos Group’s healthy cash position, strong track record, and its relationship with Altria (NYSE:MO).

    By Rajiv Nanjapla
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    Cannabis

    Vaping Cannabis or Smoking Tobacco: Burning Questions

    During its latest earnings call, Aphria (APHA) stated that vapes and concentrates could form a major share of Canada’s recreational market by 2021.

    By Adam Jones
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    Consumer

    Dividend Investors Can Bet on These 2 Consumer Stocks

    Procter & Gamble’s strong underlying sales, margin expansion, and consistent dividend growth make it a top stock for income-seeking investors.

    By Amit Singh
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    Consumer

    Why Altria’s Valuation Multiple Fell

    Due to high visibility in Altria Group’s (MO) earnings, we have opted for a forward PE (price-to-earnings) ratio for our analysis.

    By Rajiv Nanjapla
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    Earnings Report

    Altria’s 4Q15 Wine Segment Revenue Increased

    Altria’s (MO) fiscal 4Q15 net revenue for its wine segment increased 7.4%. Full-year 2015 revenue increased 7.6% to $0.2 billion.

    By Penny Morgan
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    Consumer

    Valuation Growth of Philip Morris Before 2Q16 Results

    Philip Morris is planning to implement price increases in retail (XRT) markets that include Russia, Argentina, Germany, and Indonesia.

    By Penny Morgan
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    Earnings Report

    Why Did Altria’s Margins Expand in 1Q17?

    During the quarter, Altria Group (MO) posted a gross margin and operating margin of 60.6% and 49%, respectively.

    By Rajiv Nanjapla
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    Earnings Report

    Will Philip Morris See an Improvement in Margins in 4Q15?

    Phillip Morris’s adjusted operating income margin increased 1.4% in 3Q15 and 1.6% for the nine months ending September 30, excluding negative currency impact changes and excise taxes.

    By Penny Morgan
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    Consumer

    Why Did Philip Morris’s Net Margins Decline in 3Q17?

    For 3Q17, Philip Morris International (PM) posted a gross margin, an EBITDA (earnings before interest, tax, depreciation, and amortization) margin, and a net margin of 63.4%, 44.1%, and 26.4%, respectively.

    By Rajiv Nanjapla
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    Miscellaneous

    Will Altria’s Earnings Rise in Next 4 Quarters?

    During the next four quarters, analysts are expecting Altria Group (MO) to post EPS (earnings per share) of $3.37.

    By Rajiv Nanjapla
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    Consumer

    Will Philip Morris’s Q4 Earnings Boost Its Stock Price?

    Philip Morris International (PM) is scheduled to post its fourth-quarter earnings results before the market opens on February 7.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    Analyzing the Top Losers in the Consumer Sector Last Week

    CVS Health (CVS) announced its fiscal 4Q17 results on February 8 before the market opened. CVS’s revenue increased 5.3% YoY.

    By Sushree Mohanty
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    Consumer

    What’s Expected for Altria’s Earnings

    Analysts’ expectations For the next four quarters, analysts expect Altria Group (MO) to post EPS (earnings per share) of $3.51, which represents 11.1% growth from the $3.16 seen in the last four quarters. Earnings growth Altria’s EPS growth is expected to be driven by revenue growth, net margin expansion, and share repurchases. For the next four […]

    By Rajiv Nanjapla
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    Earnings Report

    Smokeless Tobacco Products Boost Altria’s 4Q15 Results

    Altria’s (MO) smokeless tobacco product segment’s net revenue increased 4.7% in fiscal 4Q15 and 3.9% for the full year to $0.5 billion.

    By Penny Morgan
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    Earnings Report

    Philip Morris’s 3Q15 Market Valuation and the S&P 500 Index

    As of October 16, Philip Morris is trading at a higher valuation than the S&P 500 and the Dow Jones Industrial, with a 18.6x forward earnings PE multiple.

    By Penny Morgan
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    Consumer

    Altria Beats Philip Morris’s EPS Growth in First Three Quarters

    In the first three quarters of 2018, Altria Group (MO) posted adjusted EPS of $3.04, which represents growth of 22.6% from $2.48 in the corresponding three quarters of the previous year.

    By Rajiv Nanjapla
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    Company & Industry Overviews

    General Motors Announces Its Investment and Growth Plans

    General Motors (GM) has a market cap of $50.1 billion. It fell 0.81% to close at $31.89 per share on October 11, 2016.

    By Gabriel Kane
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    Company & Industry Overviews

    How Altria’s Valuation Multiple Compares with Peers’

    Altria Group (MO) posted its fourth-quarter earnings on January 31. During the quarter, the company’s EPS met analysts’ expectations.

    By Rajiv Nanjapla
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    Consumer

    How Analysts View Philip Morris’s Revenues in 3Q17

    For the next four quarters, analysts expect Philip Morris International (PM) to post net revenues of ~$30.7 billion.

    By Rajiv Nanjapla
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    Earnings Report

    Analysts’ Recommendations for Altria after Its 1Q17 Earnings

    Although Altria’s 1Q17 earnings and revenues were lower than analysts’ estimates, analysts raised the target price marginally from $73.2 to $73.6.

    By Rajiv Nanjapla
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    Earnings Report

    Why Was Altria’s 4Q16 Revenue Lower than Analyst Estimates?

    Altria posted a net revenue, excluding excise taxes, of $4.73 billion, which represents year-over-year growth of 0.1%.

    By Rajiv Nanjapla
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    Consumer

    What Drove Philip Morris’s Revenue in Q3 2018?

    In the third quarter, Philip Morris International (PM) posted revenue of $7.50 billion, outperforming analysts’ expectation of $7.17 billion.

    By Rajiv Nanjapla
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    Consumer

    What Drove Philip Morris’s Revenue in the Fourth Quarter?

    In the fourth quarter, Philip Morris International (PM) posted revenue of $7.50 billion, outperforming analysts’ expectation of $7.39 billion.

    By Rajiv Nanjapla
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    Consumer

    How Analysts View Philip Morris after Its 2Q17 Earnings

    Of the 19 analysts that cover Philip Morris, 47.4% are recommending a “buy,” 47.4% are recommending a “hold,” and 5.3% are recommending a “sell.”

    By Rajiv Nanjapla
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    Earnings Report

    Altria Missed Revenue Estimates in Fiscal 4Q15

    Altria’s (MO) net revenue of excise taxes increased 2.5% to $4.7 billion in fiscal 4Q15. But it missed revenue estimates after beating them for five consecutive quarters.

    By Penny Morgan
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    Consumer

    Philip Morris Stock Rose 3 Percent Due to Earnings Surprise

    Philip Morris stock has risen as much as 3.2% in the pre-market session today as of 8:55 AM ET. The company posted its second-quarter results.

    By Ambrish Shah
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    Consumer

    Will Altria’s Q2 Earnings Be a Boom or Bust?

    Analysts expect Altria to report revenues of $5.08 billion in the second quarter of 2020—a fall of 2.2% from $5.19 billion in the second quarter of 2019.

    By Rajiv Nanjapla
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    Consumer

    Why Philip Morris Looks Attractive at These Levels

    So far this year, Philip Morris (NYSE:PM) has lost 17.0% of its stock value. The stock has underperformed the broader equity markets.

    By Rajiv Nanjapla
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    Consumer

    Philip Morris Stock Rises after FDA Approves IQOS

    On Tuesday, the FDA authorized Philip Morris’s IQOS, an electrically heated tobacco unit, to be marketed as a modified risk tobacco product.

    By Rajiv Nanjapla
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    Consumer

    Barclays Downgrades Altria, Worries about Declining Market Share

    Today, Gaurav Jain of Barclays downgraded Altria Group (NYSE:MO) from “overweight” to “equal weight.” He also lowered his target price from $50 to $43.

    By Rajiv Nanjapla
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    Consumer

    What to Expect from Philip Morris in Q2

    This year, Philip Morris stock has been subdued, losing 13.6% of its value. The company is set to report its second-quarter earnings on July 21.

    By Rajiv Nanjapla
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    Cannabis

    Cronos and Altria’s Deal: Does It Make Sense Now?

    Cronos Group, one of the more resilient cannabis stocks, hasn’t escaped the gloom in the cannabis sector. It’s down 37.44% year-to-date on the Nasdaq.

    By Margaret Patrick
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    Cannabis

    How’s COVID-19 Impacting Cigarette and Cannabis Sales?

    Layoffs amid COVID-19 led to a decline in disposable income, which had a negative impact on the cigarette and cannabis industries.

    By Rajiv Nanjapla
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    Consumer

    How Do Philip Morris and Altria Compare in 2020?

    So far this year, Philip Morris International (NYSE:PM) and Altria Group (NYSE:MO) have underperformed the broader equity markets.

    By Rajiv Nanjapla
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    Consumer

    Altria Stock Is a No-Brainer with 9.3% Dividend Yield

    Investing in Altria stock is a no-brainer considering the company’s solid track record of dividend payments and low valuation.

    By Amit Singh
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    Consumer

    Is It Time for Investors to Buy Philip Morris?

    Despite the impressive first-quarter performance, Philip Morris’s stock price has declined. As of May 7, the company was trading at $70.14.

    By Rajiv Nanjapla
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    Cannabis

    Raymond James Downgraded Cronos before Its Q1 Earnings

    Cronos Group (NASDAQ:CRON) will likely report its results for the first quarter of fiscal 2020 on May 8 before the market opens.

    By Sushree Mohanty
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    Cannabis

    How Do Analysts Rate Cronos Group?

    As of April 29, Cronos Group was trading at 8.63 Canadian dollars—a fall of 4.3% since the company reported its fourth-quarter earnings.

    By Rajiv Nanjapla
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    Consumer

    Altria Stock Rises Due to Impressive Q1 Earnings

    Today, Altria reported its first-quarter earnings. For the quarter, the company reported an adjusted EPS of $1.09 on net revenues of $5.05 billion.

    By Rajiv Nanjapla
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    Consumer

    What Can Investors Expect from Altria’s Q1 Results?

    Currently, 14 analysts cover Altria stock. Many analysts have a bullish view on the stock due to its higher dividend yield and lower valuation.

    By Sushree Mohanty
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    Consumer

    Philip Morris Beats Top and Bottom-Line Estimates in Q1

    Philip Morris reported its earnings results for the first quarter of 2020. The company reported an adjusted EPS of $1.21 on revenues of $7.15 billion.

    By Rajiv Nanjapla
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    Consumer

    What to Expect from Philip Morris’s Q1 Earnings

    As of April 13, Philip Morris (NYSE:PM) was trading at 73.95—a fall of 11.3% since the announcement of its fourth-quarter earnings on February 6.

    By Rajiv Nanjapla
  • uploads///cronos group earnings expectations
    Cannabis

    What to Expect from Cronos Group’s Q4 Earnings Today

    Cronos Group will report its fourth-quarter and fiscal 2019 results after the market closes today—a delay from the original date of February 27.

    By Sushree Mohanty
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