Lorillard (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.