Altria Group Inc. (MO) announced earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $1.077 billion, or $0.63 per share. This compares with $2.129 billion, or $1.21 per share, last year.
Excluding items, Altria Group Inc. reported adjusted earnings of $2.089 billion or $1.23 per share for the period.
Analysts on average had expected the company to earn $1.19 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 5.7% to $5.259 billion from $5.576 billion last year.
Altria Group Inc. earnings at a glance (GAAP) :
-Earnings: $1.077 Bln. vs. $2.129 Bln. last year.-EPS: $0.63 vs. $1.21 last year.-Revenue: $5.259 Bln vs. $5.576 Bln last year.
Looking ahead, Billy Gifford, Altria’s Chief Executive Officer, said: “We continue to expect to deliver a full-year 2025 adjusted diluted EPS growth rate of 2% to 5% versus 2024. This growth rate represents full-year adjusted diluted EPS in a range of $5.30 to $5.45 from a base of $5.19 in 2024. Our guidance excludes amortization expense associated with definite-lived intangible assets, which was previously included in our adjusted results.”
Analysts, on average, forecast the company to record annual earnings of $5.33 per share.
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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.