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Heurist Finance

Altria Q3 EPS rises to $1.51 on better-than-expected earnings

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Altria Q3 EPS rises to $1.51 on better-than-expected earnings
  • Altria posted Q3 profit of $2.52 billion, or $1.51 a share, versus $2.38 billion, or $1.41 a share, a year earlier.
  • Net revenue rose 1% to $6.1 billion, driven by smokeable products growth.
  • Altria's headline reporting says the company lifted its earnings outlook alongside the Q3 results.
  • Altria shares rose above buy points on Friday, Oct 30, after the company reported better-than-expected earnings that week.

Sources

Altria Q3 EPS rises to $1.51 on better-than-expected earnings — Heurist Finance