Altria Reports 2018 Third-Quarter and Nine-Months Results; Tightens 2018 Full-Year Earnings Guidance; Announces Actions to Address Underage E-Vapor Use

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Go back to Altria Reports 2018 Third-Quarter and Nine-Months Results; Tightens 2018 Full-Year Earnings Guidance; Announces Actions to Address Underage E-Vapor Use

Altria (MO) PT Raised to $68 at RBC Capital

October 26, 2018 7:01 AM EDT

RBC Capital analyst Nik Modi raised the price target on Altria (NYSE: MO) to $68.00 (from $65.00) while maintaining a Outperform rating.

Modi notes Altria delivered a good quarter amid heightened competitive activity (e-vapor included), category trade-down from rising gas prices and increased excise taxes... More

Altria Group (MO) Tops Q3 EPS by 1c; Tightens Guidance Range

October 25, 2018 7:08 AM EDT

Altria Group (NYSE: MO) reported Q3 EPS of $1.08, $0.01 better than the analyst estimate of $1.07. Revenue for the quarter came in at $5.29 billion versus the consensus estimate of $5.22 billion.

Altria delivered excellent third-quarter adjusted diluted earnings per share growth of 20% and continued to return... More