Altria Group Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Altria Group (NYSE:MO) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. Altria Group manufactures and sells cigarettes and tobacco products as well as maintaining a portfolio of leveraged and direct finance leases.

Altria Group Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 54 cents per share, a rise of 8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 55 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. For the year, analysts are projecting net income of $2.21 per share, a rise of 7.8% from last year.

Past Earnings Performance: The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by 2 cents in the second quarter, the company fell in line with expectations by reporting profit of 58 cents per share last quarter.

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A Look Back: In the third quarter, profit fell 44% to $657 million (32 cents a share) from $1.17 billion (57 cents a share) the year earlier, meeting analyst expectations. Revenue rose 3.2% to $4.47 billion from $4.33 billion.

Here’s how Altria Group traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: