Philip Morris (PM) shares ended the last trading day at $96.06, changing -0.72% from the previous trading session. This movement lags behind the S&P 500’s daily decline of 0.16%. Meanwhile, the Dow lost 0.48% and the Nasdaq, an index focused on the technology sector, added 0.11%.

Ahead of today, shares of the seller of Marlboro and other cigarette brands have lost 1.2% over the past month, outpacing the Consumer Staples sector’s 3.29% loss and the S&P 500’s 1.25% loss over that time.

Wall Street will be expecting positive results from Philip Morris ahead of its next earnings report. The company is expected to report earnings per share of $1.65, up 7.84% from the previous quarter. Meanwhile, our latest consensus forecasts call for revenue of $9.25 billion, up 15.22% from the previous quarter.

For the full year, earnings will come in at $6.21 per share and revenue will come in at $35.42 billion, up +3.85% and +11.51%, respectively, from the prior year.

Any recent revisions to analysts’ estimates on Philip Morris should also be noted by investors. Such revisions help to demonstrate the ever-changing nature of near-term business trends. With this in mind, a positive revision in estimates can be considered a sign of optimism about the company’s business prospects.