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

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

April 28, 2016 7:00 AM EDT

Altrias 2016 first-quarter reported diluted earnings per share (EPS) increased 19.2% to $0.62, as comparisons were affected by special items. Altrias 2016 first-quarter adjusted diluted EPS, which excludes the impact of special items, increased 14.3% to $0.72. Altria reaffirms its 2016 full-year adjusted diluted EPS guidance to be in a range of $3.00 to $3.05, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.80 in 2015.

RICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (Altria) (NYSE: MO) today announced its 2016 first-quarter business results and... More