Exploring Analyst Estimates for Altria (MO) Q2 Earnings, Beyond Revenue and EPS

Core Viewpoint - Analysts forecast Altria (MO) to report quarterly earnings of $1.37 per share, reflecting a year-over-year increase of 4.6%, while revenues are expected to be $5.19 billion, a decrease of 1.6% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 0.5% over the past 30 days, indicating a reassessment by covering analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue Projections - Analysts estimate 'Net revenue- All Other/ Financial Services' to reach $14.00 million, a significant increase of 366.7% from the prior-year quarter [5] - 'Revenues net of excise taxes- Oral tobacco products' are projected at $701.72 million, showing a 2.1% increase year-over-year [5] - 'Revenues net of excise taxes- Smokeable Products' are expected to be $4.43 billion, indicating a decline of 3.3% compared to the previous year [6] Operating Income Estimates - The average prediction for 'Operating Income (Loss)/ Reported OCI- Oral tobacco products' is $459.60 million, compared to $97.00 million reported in the same quarter last year [6] - 'Adjusted OCI- Smokeable Products' is anticipated to reach $2.86 billion, slightly up from $2.83 billion reported in the same quarter of the previous year [7] Market Performance - Altria shares have returned +1.4% over the past month, underperforming compared to the Zacks S&P 500 composite's +4.6% change [7] - Altria holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [7]