Altria Group (MO) Tops Q3 EPS by 1c; Tightens Guidance Range
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Altria Reports 2018 Third-Quarter and Nine-Months Results; Tightens 2018 Full-Year Earnings Guidance; Announces Actions to Address Underage E-Vapor Use
October 25, 2018 7:00 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (Altria) (NYSE: MO) today announces its 2018 third-quarter and nine-months business results and tightens its guidance for 2018 full-year adjusted diluted earnings per share (EPS).
Altria delivered excellent third-quarter adjusted diluted earnings per share growth of 20% and continued to return large amounts of cash to our shareholders. Our tobacco businesses are successfully executing against their strategies, while making strategic investments to drive long-term success, said Howard Willard, Altrias Chairman and Chief Executive Officer. We believe our year-to-date performance positions us well to deliver on our... More
