Altria Reports 2022 Second-Quarter and First-Half Results; Reaffirms 2022 Full-Year Earnings Guidance

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Altria (MO) Seeing Persistent Downtrading on High Gas Prices - Cowen

July 28, 2022 12:45 PM EDT

Cowen analyst Vivien Azer reiterated a Market Perform rating and $45.00 price target on Altria (NYSE: MO) following results with a penny beat on the bottom line but a miss on the top line. The analyst notes downgrading is persisting on higher gas prices.

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Altria Group (MO) Tops Q2 EPS by 1c; Reaffirms

July 28, 2022 7:03 AM EDT

Altria Group (NYSE: MO) reported Q2 EPS of $1.26, $0.01 better than the analyst estimate of $1.25. Revenue for the quarter came in at $5.37 billion versus the consensus estimate of $5.42 billion.

GUIDANCE:

Altria Group reaffirms FY2022 EPS of $4.79-$4.93.

For earnings history and earnings-related data on Altria Group (MO) click here.

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