Altria (MO) reports later today.
Expectations for Q4 EPS are 97c on revenue of $9.19B. The consensus range for EPS is 96c to $1.01, and the consensus range for revenue is $8.9B to $9.62B. Comparisons to 2006 are skewed due to the Kraft (KFT) spin last year.
The spin. That is all we really want to know. I detailed the preliminary spin plans in October.
When will it happen and when will the re-capitalize both companies. What will the dividends be and how many shares will they repurchase. Do I expect to get answers to all those, no, but we usually get some hints later on the call.
Disclosure (“none” means no position): Long MO
