Altria (MO) delivers in-line earnings, revenue in Q1; shares slightly up

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Altria Reports 2024 First-Quarter Results; Reaffirms Full-Year Guidance

April 25, 2024 7:00 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (NYSE: MO) today reports our 2024 first-quarter business results and reaffirms our guidance for 2024 full-year adjusted diluted earnings per share (EPS).

We made meaningful progress in pursuit of our Vision, and our highly profitable traditional tobacco businesses continued to perform well in a challenging environment, said Billy Gifford, Altrias Chief Executive Officer. In spite of the absence of an effective regulatory environment, we saw continued early momentum from NJOY and believe our businesses are on track to deliver against full-year plans.

We also demonstrated our continued... More