Altria Group (MO) Tops Q2 EPS by 1c, Offers Outlook

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Go back to Altria Group (MO) Tops Q2 EPS by 1c, Offers Outlook

Altria Reports 2018 Second-Quarter and First-Half Results; Tightens 2018 Full-Year Earnings Guidance

July 26, 2018 7:00 AM EDT

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

We continued our strong start to the year with adjusted diluted earnings per share growth of 18.8% in the second quarter. Our core tobacco businesses performed well as they continued to make strategic investments in support of their long-term objectives. Of course, our results benefited from a lower corporate tax rate, said Howard Willard, Altrias Chairman and Chief Executive Officer. We continued to... More