Japan Tobacco (JAPAF) Projected to Release Quarterly Earnings on Thursday

Japan Tobacco (OTCMKTS:JAPAF) will likely be posting its resultson Thursday, July 30th. Analysts expect Japan Tobacco to post earnings of $0.6580 per share and revenue of $6.0270 billion for the quarter.

Japan Tobacco Stock Down 6.3%

Shares of JAPAF opened at $37.31 on Thursday. Japan Tobacco has a twelve month low of $29.23 and a twelve month high of $42.26. The stock’s 50 day moving average is $38.50 and its two-hundred day moving average is $37.74.

Analysts Set New Price Targets

Separately, BTIG Research began coverage on Japan Tobacco in a report on Tuesday. They issued a “buy” rating for the company. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Japan Tobacco Company Profile

Japan Tobacco Inc is one of the world’s largest tobacco companies, headquartered in Tokyo, Japan, with American Depositary Receipts trading over the counter under the symbol JAPAF. The company’s core business centers on the manufacture, marketing and sale of tobacco products, which include cigarettes, cigars and smokeless tobacco. In recent years, Japan Tobacco has expanded its portfolio to include electronic nicotine delivery systems and heat-not-burn devices as part of its strategy to offer reduced-risk alternatives to traditional smoking.

Among its leading brands are Mevius (formerly Mild Seven), Winston and licensed varieties of Camel, alongside a range of imported premium offerings such as Natural American Spirit.