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

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Altria Reports 2018 First-Quarter Results; Reaffirms 2018 Full-Year Earnings Guidance

April 26, 2018 7:00 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (Altria) (NYSE: MO) today announced its 2018 first-quarter business results and reaffirmed its guidance for 2018 full-year adjusted diluted earnings per share (EPS).

Altria is off to a fast start to the strong year of EPS growth to which weve guided, with adjusted diluted EPS growth of 30.1% in the first quarter of 2018, said Marty Barrington, Altrias Chairman, Chief Executive Officer and President. In addition, Altria continued to reward shareholders by paying out nearly $1.3 billion in dividends, announcing an out-of-cycle dividend increase of 6.1% and repurchasing approximately $513 million... More