Altria Reports 2015 Third-Quarter and Nine-Month Results; Reaffirms 2015 Full-Year Adjusted EPS Guidance

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Cowen Downgrades Altria (MO) to Market Perform

October 30, 2015 6:36 AM EDT

Cowen downgraded Altria (NYSE: MO) from Outperform to Market Perform with a price target of $65.00 (from $62.00) on valuation.

Analyst Vivien Azer commented, "We downgrade MO to Market Perform from Outperform. We continue to be fans of the consistent long-term EPS growth that MO offers... More

Altria Group (MO) Reports In-Line Q3 EPS; Reaffirms

October 29, 2015 8:22 AM EDT

Altria Group (NYSE: MO) reported Q3 EPS of $0.75, in-line with the analyst estimate of $0.75. Revenue net of excise taxes for the quarter came in at $4.36 billion, versus $4.16 billion reported last year.

Altria Group reaffirmed FY2015 EPS of $2.76-$2.81, versus the consensus of $2.82.

Altria... More