Altria Group Inc. (MO) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $3.039 billion, or $1.79 per share. This compares with $2.060 billion, or $1.16 per share, last year.
Excluding items, Altria Group Inc. reported adjusted earnings of $2.184 billion or $1.29 per share for the period.
Analysts on average had expected the company to earn $1.28 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.0% to $5.974 billion from $5.975 billion last year.
Altria Group Inc. earnings at a glance (GAAP) :
-Earnings: $3.039 Bln. vs. $2.060 Bln. last year.-EPS: $1.79 vs. $1.16 last year.-Revenue: $5.974 Bln vs. $5.975 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.