Altria Group (MO) Reports In-Line Q4 EPS; CEO Beran to Retire

January 30, 2015 7:01 AM

Altria Group (NYSE: MO) reported Q4 EPS of $0.66, in-line with the analyst estimate of $0.66. Revenue for the quarter came in at $6.26 billion versus the consensus estimate of $4.5 billion.

Altria Group sees FY2015 EPS of $2.75-$2.80, versus the consensus of $2.80.

Altria’s President and Chief Operating Officer, Dave Beran, has decided to retire on March 1, 2015, after 38 years with the company. Howard Willard, currently Altria’s Chief Financial Officer, will become Chief Operating Officer. William Gifford, currently Altria’s Senior Vice President, Strategy & Business Development, will become Chief Financial Officer. These changes are also effective March 1, 2015.

For earnings history and earnings-related data on Altria Group (MO) click here.

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Earnings Guidance Management Changes