The coming days will see four tobacco majors reporting their quarterly numbers amid an industry that is witnessing a consolidation.
Altria Group Inc (NYSE:MO) will report its earnings on February 1. Wall Street expects EPS of $0.67 on revenue of $4.8 billion. The company’s earnings have topped Street view three times in the past four quarters.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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Philip Morris International Inc. (NYSE:PM) is expected to earn $1.12 a share on revenue of $6.67 billion when it announces financial results on Thursday. The earnings are estimated to rise 38 percent, with revenue growth of 4.4 percent. However, in the past 90 days, the average earnings estimate has come down by $0.05.
Reynolds American, Inc. (NYSE:RAI)’s earnings are estimated to increase 25 percent to $0.60, while revenue is projected to rise 3.30 percent to $3.16 billion. The actual numbers will be out on February 9. In the past four quarter, the company’s earnings have missed thrice. Investors will be focused more on additional color over its merger with British American Tobacco.
British American Tobacco PLC (ADR) (NYSE:BTI) will release its preliminary results for year ended December 31, 2016, on February 23.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.