Altria (MO) Up 0.6% Since Last Earnings Report: Can It Continue?

Core Viewpoint - Altria's stock has seen a slight increase of approximately 0.6% since its last earnings report, underperforming compared to the S&P 500, raising questions about its future performance leading up to the next earnings release [1] Estimates Movement - Estimates for Altria have trended upward over the past month, indicating a positive outlook for the stock [2] VGM Scores - Altria has a Growth Score of B, a Momentum Score of D, and a Value Score of B, placing it in the top 40% for the value investment strategy. The overall aggregate VGM Score for the stock is A, which is significant for investors not focused on a single strategy [3] Outlook - The upward trend in estimates suggests a promising outlook for Altria, which currently holds a Zacks Rank of 3 (Hold). The expectation is for an in-line return from the stock in the upcoming months [4] Industry Performance - Altria is part of the Zacks Tobacco industry, where another player, Philip Morris, has experienced a gain of 4.3% over the past month. Philip Morris reported revenues of $9.3 billion for the last quarter, reflecting a year-over-year increase of 5.8% [5] Philip Morris Earnings Expectations - For the current quarter, Philip Morris is projected to report earnings of $1.84 per share, representing a year-over-year change of 15.7%. The Zacks Consensus Estimate for Philip Morris has remained unchanged over the last 30 days, and it holds a Zacks Rank of 1 (Strong Buy) [6]