Altria Reports 2016 First-Quarter Results and Reaffirms Full-Year Adjusted EPS Guidance

Go back to Altria Reports 2016 First-Quarter Results and Reaffirms Full-Year Adjusted EPS Guidance

Altria (MO) PT Lifted to $66 at UBS

April 29, 2016 8:03 AM EDT

UBS analyst Stephen Powers raised his price target on Altria (NYSE: MO) to $66.00 (from $63.00) but maintained a Neutral rating.

Powers commented, "MO Delivered Q1 EPS of $0.72 (vs. UBSe/cons. of $0.69/$0.68) driven by strong price/mix (+3.9%) as well as volume (+2.1%) growth.... More

Altria Group (MO) Tops Q1 EPS by 3c; Reaffirms Outlook

April 28, 2016 8:39 AM EDT

Altria Group (NYSE: MO) reported Q1 EPS of $0.72, $0.03 better than the analyst estimate of $0.69. Revenue for the quarter came in at $6.07 billion, versus $5.8 billion reported last year.

GUIDANCE:

Altria Group reaffirms FY2016 EPS of $3.00-$3.05.

Altria is off to an... More