Imperial Tobacco Group (IMBBY) to Release Quarterly Earnings on Tuesday

Imperial Tobacco Group (OTCMKTS:IMBBY) is expected to be issuing its results before the market opens on Tuesday, May 19th. Analysts expect the company to announce earnings of $1.71 per share and revenue of $6.0699 billion for the quarter.

Imperial Tobacco Group Trading Down 1.1%

Imperial Tobacco Group stock opened at $37.24 on Tuesday. The business has a 50 day moving average price of $40.38 and a two-hundred day moving average price of $41.62. The company has a quick ratio of 0.37, a current ratio of 0.74 and a debt-to-equity ratio of 1.57. Imperial Tobacco Group has a 12 month low of $35.48 and a 12 month high of $45.60.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

About Imperial Tobacco Group

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.