Altria Group Reports Q3 Beats, but Sales Slow
3 Articles
3 Articles
Altria Group Reports Q3 Beats, but Sales Slow
Key Points Altria reported mixed Q3 financials, beating on earnings but missing on revenue. The company reported $6.07 billion in quarterly revenue, crushing the $5.31 billion consensus estimate by 14.4% but representing a 3% year-over-year decline. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act…
Altria Stock Slips After Mixed Q3 Earnings – Big Buyback and 8% Dividend Tempt Investors
MO Stock Slides on Mixed Earnings Altria’s third-quarter earnings highlight the tobacco giant’s balancing act between resilient profits and declining cigarette usage. The company reported an adjusted Q3 profit of $1.45 per share, a 3.6% increase year-on-year and exactly in line with analyst expectations reuters.com. However, revenue fell more than anticipated – net revenues came in at $6.07 billion, down ~3% from a year ago reuters.com. This top…
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