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

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

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

October 30, 2020 7:00 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (Altria) (NYSE: MO) today announces its 2020 third-quarter and nine-months business results and narrows its 2020 adjusted diluted earnings per share (EPS) guidance.

Altria continued to demonstrate its resilience during the third quarter while navigating the challenges presented by the COVID-19 pandemic, said Billy Gifford, Altrias Chief Executive Officer. In the third quarter, our tobacco businesses delivered strong financial performance once again and we continued to make progress against our 10-year Vision.

Based on our year-to-date results and insight into an additional quarter of ABI earnings contributions,... More