Altria Group, Inc. (MO), Thursday reported third-quarter earnings of $2.375 billion or $1.41 a share, compared to $2.293 billion or $1.34 a share in the prior year quarter.
On adjusted basis, earnings amounted to $1.45 a share compared to $1.40 a share last year.
On average, analysts estimated earnings of $1.33 a share for the quarter.
Operating income increased to $3.230 billion from $3.152 billion in the year ago quarter.
Net revenues declined to $6.072 billion from $6.259 billion in the previous year.
Looking ahead, the company narrowed its 2025 full-year adjusted diluted earnings in the range of $5.37 to $5.45 per share.
Analysts, on average, anticipate earnings of $5.44 for the fiscal year 2025.
The company also shared its decision to expand its existing share repurchase programfrom $1 billion to $2 billion.
Currently, MO is moving down 7.85 percent, to $57.15 on the New York Stock Exchange.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.