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Altria Tightens 2018 Adj. EPS Guidance - Quick Facts

Altria Group, Inc. (MO) raised the lower-end of its 2018 guidance and now expects adjusted diluted EPS growth of 16% to 19% to be in a range of $3.94 to $4.03.

For the second-quarter, adjusted EPS was $1.01, up 18.8% from last year. Net revenues were $6.305 billion, down 5.4% year-over-year.

"Our core tobacco businesses performed well as they continued to make strategic investments in support of their long-term objectives. Of course, our results benefited from a lower corporate tax rate," said Howard Willard, Altria's CEO.

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