Tobacco Stocks Q3 Earnings Preview: The Big Four

PM reports Thursday, and RAI, LO and MO are up next week

      View All  

Lorillard (LO)

Lorillard Tobacco Stocks Q3 Earnings Preview: The Big FourLorillard (LO) — the maker of Newport brand cigarettes, and electronic cigarette brand Blu e-cigarettes — will report the following morning. LO is expected to come in with EPS of 81 cents, vs. 72 cents a year ago.

In terms of EPS growth this year, the company is way ahead of its peers, growing at 11.3%. LO shares have reflected that performance, up just more than 20% YTD, not to mention the 4.7% yield they’re throwing off.

Like RAI, analyst expectations for Lorillard earnings have crawled up by a penny since last quarter. An earnings beat next week would be LO’s fourth in as many quarters, and should provide ample momentum through year’s end.


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/tobacco-stocks-earnings-preview/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.