Imperial Tobacco Group (IMBBY) Expected to Announce Earnings on Tuesday

Imperial Tobacco Group (OTCMKTS:IMBBY) will likely be releasing its results before the market opens on Tuesday, November 17th. Analysts expect Imperial Tobacco Group to announce earnings of $2.58 per share and revenue of $7.43 billion for the quarter.

Imperial Tobacco Group Trading Down 0.7%

OTCMKTS:IMBBY opened at $39.26 on Tuesday. Imperial Tobacco Group has a 12-month low of $32.07 and a 12-month high of $45.60. The firm has a 50-day moving average price of $35.58 and a 200 day moving average price of $38.26. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.70 and a quick ratio of 0.31.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on IMBBY. Jefferies Financial Group cut Imperial Tobacco Group from a “buy” rating to a “hold” rating in a research report on Monday, October 19th. BTIG Research started coverage on Imperial Tobacco Group in a research note on Wednesday, July 22nd. They issued a “neutral” rating on the stock. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Imperial Tobacco Group Company Profile

Imperial Tobacco Group, now known as Imperial Brands PLC, is a British consumer-goods company focused on tobacco and nicotine products. The company’s portfolio includes cigarettes, fine-cut tobacco, cigars, rolling papers and newer nicotine products, including vaping devices and oral nicotine products.

Its brands include Davidoff, Gauloises, West, blu and Rizla. Imperial Brands sells products in markets around the world, with its business spanning Europe, the Americas, Africa, the Middle East and Asia.

Founded in 1901 as the Imperial Tobacco Company, the business adopted the Imperial Brands name in 2016.