Altria Reports 2021 Third-Quarter and Nine-Months Results; Announces Expanded Share Repurchase Program; Narrows 2021 Full-Year Earnings Guidance

Go back to Altria Reports 2021 Third-Quarter and Nine-Months Results; Announces Expanded Share Repurchase Program; Narrows 2021 Full-Year Earnings Guidance

Altria Group (MO) Misses Q3 EPS by 4c; Revenues Beat; Expands Buyback

October 28, 2021 7:04 AM EDT

Altria Group (NYSE: MO) reported Q3 EPS of $1.22, $0.04 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $6.79 billion versus the consensus estimate of $5.74 billion.

Yesterday, Altrias Board of Directors (Board) authorized the expansion of Altrias existing $2 billion share repurchase... More