Altria Group, Inc. (MO) Misses Q2 EPS by 1c, Lifts Low End of Outlook

July 23, 2013 7:03 AM
Altria Group, Inc. (NYSE: MO) reported Q2 EPS of $0.62, $0.01 worse than the analyst estimate of $0.63.

Altria Group, Inc. sees FY2013 EPS of $2.36-2.41, versus prior guidance of $2.35-2.41 and the consensus of $2.40.

"Altria delivered solid financial results for the second quarter and first six months of 2013," said Marty Barrington, Chairman and Chief Executive Officer of Altria. "The company's diverse business model delivered adjusted diluted earnings per share growth of 5.1% for the second quarter and 7.4% for the first half of the year."

"All three of our reportable segments delivered adjusted operating companies income and margin growth in the second quarter and first half," said Mr. Barrington. "Altria's companies also continue to innovate with new products for adult tobacco consumers. Nu Mark's plans for introducing MarkTen e-cigarettes into a lead market in August of this year are on-track."

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

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