Altria Reports 2021 First-Quarter Results; Reaffirms 2021 Earnings Guidance; Acquires Remaining 20% of Global on! Business
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Altria (MO) PT Raised to $48 at Cowen Following Earnings
April 29, 2021 12:47 PM EDTCowen analyst Vivien Azer raised the price target on Altria (NYSE: MO) to $48.00 (from $44.00) while maintaining a Market Perform rating.
The analyst commented, "MO reported 1Q21 EPS two cents ahead of estimates. Meanwhile, this morning, the FDA also announced its intention... More
Altria Group (MO) Tops Q1 EPS by 2c
April 29, 2021 7:03 AM EDTAltria Group (NYSE: MO) reported Q1 EPS of $1.07, $0.02 better than the analyst estimate of $1.05. Revenue for the quarter came in at $4.88 billion versus the consensus estimate of $4.98 billion.
GUIDANCE:
Altria Group sees FY2021 EPS of $4.49-$4.62, versus the consensus of $4.58.
Altria reaffirms its guidance for 2021 full-year adjusted diluted... More