Altria Reports 2020 Third-Quarter and Nine-Months Results; Tobacco Businesses Demonstrate Resilience; Narrows 2020 Full-Year Earnings Guidance

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Go back to Altria Reports 2020 Third-Quarter and Nine-Months Results; Tobacco Businesses Demonstrate Resilience; Narrows 2020 Full-Year Earnings Guidance

Altria Group (MO) Tops Q3 EPS by 3c, Updates FY Guidance

October 30, 2020 7:05 AM EDT

Altria Group (NYSE: MO) reported Q3 EPS of $1.19, $0.03 better than the analyst estimate of $1.16. Revenue for the quarter came in at $5.68 billion versus the consensus estimate of $5.53 billion.

GUIDANCE:

Altria Group sees FY2020 EPS of $4.30-$4.38, versus the consensus of $4.32.

Altria narrows its 2020 full-year... More