Altria Group (MO) Tops Q3 EPS by 1c
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Altria Group Inc. (NYSE: MO) reports Q3 EPS of $0.48, above the consensus of $0.47. Revenues came in at $6.3 billion, which may not compare to the consensus of $4.66 billion.
The company said Marlboro delivers year-over-year and sequential retail share growth in the third quarter; Smokeless products’ premium retail share stabilizes in the third quarter.
Altria also narrowed its FY09 guidance to $1.74 to $1.77, versus prior forecast of $1.72 to $1.77. The consensus is $1.76.
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