Altria Group, Inc. (NYSE:MO) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Simply Wall St.11-02 20:37

It's been a good week for Altria Group, Inc. (NYSE:MO) shareholders, because the company has just released its latest quarterly results, and the shares gained 8.4% to US$53.87. Altria Group reported ...

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Altria Group reported ...</p>\n\n<a href=\"https://finance.yahoo.com/news/altria-group-inc-nyse-mo-123743597.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Altria Group, Inc. 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(NYSE:MO) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-02 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/altria-group-inc-nyse-mo-123743597.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been a good week for Altria Group, Inc. (NYSE:MO) shareholders, because the company has just released its latest quarterly results, and the shares gained 8.4% to US$53.87. Altria Group reported ...</p>\n\n<a href=\"https://finance.yahoo.com/news/altria-group-inc-nyse-mo-123743597.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NYSE","symbol_name":"纽交所","start_time":0,"source_url":"https://finance.yahoo.com/news/altria-group-inc-nyse-mo-123743597.html","article_id":"2480127829","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/yVjfysHQADGF1rlllBiD4g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/9bd94c099d4b71b3cd2c7d713c8ab984"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480127829","pubTimestamp":1730551063,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"It's been a good week for Altria Group, Inc.  shareholders, because the company has just released its latest quarterly results, and the shares gained 8.4% to US$53.87. Altria Group reported in line with analyst predictions, delivering revenues of US$5.3b and statutory earnings per share of US$1.34, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NYSE":"纽交所","BK4566":"资本集团","BK4585":"ETF&股票定投概念","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","MO":"奥驰亚","BK4588":"碎股","BK4075":"烟草"},"translate_title":"奥驰亚集团（纽约证券交易所股票代码：MO）刚刚发布了第三季度业绩，分析师正在更新他们的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MO":1,"NYSE":1},"content_text":"It's been a good week for Altria Group, Inc. (NYSE:MO) shareholders, because the company has just released its latest quarterly results, and the shares gained 8.4% to US$53.87. Altria Group reported in line with analyst predictions, delivering revenues of US$5.3b and statutory earnings per share of US$1.34, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. \n Check out our latest analysis for Altria Group \n\n\n\n  NYSE:MO Earnings and Revenue Growth November 2nd 2024\n \n\n Taking into account the latest results, Altria Group's nine analysts currently expect revenues in 2025 to be US$20.3b, approximately in line with the last 12 months. Statutory earnings per share are forecast to descend 15% to US$5.15 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$20.3b and earnings per share (EPS) of US$5.15 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. \n There were no changes to revenue or earnings estimates or the price target of US$55.14, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Altria Group analyst has a price target of US$73.00 per share, while the most pessimistic values it at US$42.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Altria Group shareholders. \n One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.2% by the end of 2025. This indicates a significant reduction from annual growth of 0.2% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 4.0% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Altria Group is expected to lag the wider industry. \nThe Bottom Line \n The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Altria Group's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$55.14, with the latest estimates not enough to have an impact on their price targets. \n Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Altria Group going out to 2026, and you can see them free on our platform here.. \n You still need to take note of risks, for example - Altria Group has   2 warning signs  (and 1 which makes us a bit uncomfortable)  we think you should know about. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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