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

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

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

October 28, 2021 7:00 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (Altria) (NYSE: MO) today reports its 2021 third-quarter and nine-months business results, announces the expansion of its existing share repurchase program and narrows its 2021 full-year adjusted diluted earnings per share (EPS) guidance.

Altria continued to balance maximizing profitability from our core tobacco businesses with investing to realize our Vision of responsibly leading the transition of adult smokers to a smoke-free future, said Billy Gifford, Altrias Chief Executive Officer. Our tobacco businesses performed well against difficult year-over-year comparisons and were encouraged by the significant... More