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Altria Group Inc. Q3 adjusted earnings Beat Estimates

Altria Group Inc. (MO) reported a profit for its third quarter that increased from the same period last year.

The company's bottom line totaled $1.94 billion, or $1.03 per share. This compares with $1.87 billion, or $0.97 per share, in last year's third quarter.

Excluding items, Altria Group Inc. reported adjusted earnings of $2.04 billion or $1.08 per share for the period.

Analysts had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.6% to $6.84 billion from $6.73 billion last year.

Altria Group Inc. earnings at a glance:

-Earnings (Q3): $2.04 Bln. vs. $1.72 Bln. last year.
-EPS (Q3): $1.08 vs. $0.90 last year.
-Analysts Estimate: $1.07
-Revenue (Q3): $6.84 Bln vs. $6.73 Bln last year.

Full year EPS guidance: $3.95 to $4.03

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