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Philip Morris International (PM):

While analysts are expecting a third consecutive quarter of falling profits, The Street remains relatively rosy over the future of the company with 57% of the analysts surveyed by Zack’s rating the company as a “buy” while same analysts who looked at eight similar companies only give them an average “buy” rating of 47%. Philip Morris International Inc. (NYSE:PM) a holding company whose subsidiaries and affiliates manufacture and sell cigarettes and other tobacco products in markets outside the United States.

The consensus estimate is calling for earnings per share of $1.34 per share down from an estimated $1.41 and down year-over-year from $1.44. For fiscal 2014, the consensus is calling for earnings of $5.10 per shared compared to $5.40 per share a year ago.

Revenues for the third quarter are expected at $7.64 billion down 3.6% from last years sales of $7.93 billion. For the year, revenues are expected by the consensus at $29.63 billion a 5.1% drop from last year when the company sold $31.22 billion in cigarettes and other products.

Delta Air Lines (DAL):

Shares in Delta Air Lines, Inc. (NYSE:DAL) along with its industry competitors have been getting hammered of late as Ebola fears have trumped the fact that oil prices continue to fall. Delta is the first of the major airlines to report its earnings and could boost airline stock in the aggregate tomorrow.

The consensus estimate is calling for Delta to report third-quarter earnings of $1.18 per share which is unchanged over the last 30 days. In the corresponding quarter last year, the airline reported earnings of $1.41 per share. For fiscal 2014, The Street is expecting earnings of $3.22 up from $3.14 last year.

Revenue is expected to be reported at $11.12 billion up 6% year-over-year when the company saw sales of $10.49 billion. For the year, analysts are calling for sales for $40.15 billion compared to the $37.77 billion in sales that the airline saw in 2013.