Altria's Earnings Top Estimates and Tobacco Company Reaffirms Full-Year Guidance-To The Moon - Tiger Brokers Online Investing Community - To The Moon

1
Comment
Favorite

Altria's Earnings Top Estimates and Tobacco Company Reaffirms Full-Year Guidance

Dow Jones04-25

Altria Group Inc. said Thursday it had net income of $2.129 billion, or $1.21 a share, in the first quarter, up from $1.787 billion, or $1.00 a share, in the year-earlier period.

Adjusted for one-time items, the company had per-share earnings of $1.15, matching the FactSet consensus.

Revenue fell 2.5% to $5.576 billion from $5.719 billion a year ago, ahead of the $4.712 billion FactSet consensus.

The tobacco giant said it still expects full-year adjusted EPS of $5.05 to $5.17, up 2% to 4.5% from 2023.

“While the 2024 full-year adjusted diluted EPS guidance accounts for a range of scenarios, the external environment remains dynamic,” the company said in a statement.

It will monitor conditions related to the economy, including the impact of inflation, adult tobacco consumer (ATC) dynamics, including purchasing patterns and adoption of smoke-free products, illicit e-vapor enforcement and regulatory, litigation and legislative developments.

The stock was flat premarket and has gained 6.4% in the year to date, while the S&P 500 has gained 6.3%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

1

Report

Comment

empty

No comments yet

Most Discussed

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2430405556?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-25 19:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2430405556","market":"us","top_or_hot":-1,"title":"Altria's Earnings Top Estimates and Tobacco Company Reaffirms Full-Year Guidance","media":"Dow Jones","content":"<html><head></head><body><p>Altria Group Inc. said Thursday it had net income of $2.129 billion, or $1.21 a share, in the first quarter, up from $1.787 billion, or $1.00 a share, in the year-earlier period. </p><p>Adjusted for one-time items, the company had per-share earnings of $1.15, matching the FactSet consensus. </p><p>Revenue fell 2.5% to $5.576 billion from $5.719 billion a year ago, ahead of the $4.712 billion FactSet consensus. </p><p>The tobacco giant said it still expects full-year adjusted EPS of $5.05 to $5.17, up 2% to 4.5% from 2023. </p><p>“While the 2024 full-year adjusted diluted EPS guidance accounts for a range of scenarios, the external environment remains dynamic,” the company said in a statement.</p><p>It will monitor conditions related to the economy, including the impact of inflation, adult tobacco consumer (ATC) dynamics, including purchasing patterns and adoption of smoke-free products, illicit e-vapor enforcement and regulatory, litigation and legislative developments. </p><p>The stock was flat premarket and has gained 6.4% in the year to date, while the S&amp;P 500 has gained 6.3%.</p></body></html>","source":null,"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's Earnings Top Estimates and Tobacco Company Reaffirms Full-Year Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAltria's Earnings Top Estimates and Tobacco Company Reaffirms Full-Year Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Altria Group Inc. said Thursday it had net income of $2.129 billion, or $1.21 a share, in the first quarter, up from $1.787 billion, or $1.00 a share, in the year-earlier period. Adjusted for one-time...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">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":"MO","symbol_name":"奥驰亚","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2430405556","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430405556","pubTimestamp":1714044312,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Altria Group Inc. said Thursday it had net income of $2.129 billion, or $1.21 a share, in the first quarter, up from $1.787 billion, or $1.00 a share, in the year-earlier period. Adjusted for one-time items, the company had per-share earnings of $1.15, matching the FactSet consensus. Revenue fell 2.5% to $5.576 billion from $5.719 billion a year ago, ahead of the $4.712 billion FactSet consensus. The tobacco giant said it still expects full-year adjusted EPS of $5.05 to $5.17, up 2% to 4.5% from","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MO":"奥驰亚"},"translate_title":"奥驰亚的收益最高预期和烟草公司重申全年指导","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MO":1},"content_text":"Altria Group Inc. said Thursday it had net income of $2.129 billion, or $1.21 a share, in the first quarter, up from $1.787 billion, or $1.00 a share, in the year-earlier period. Adjusted for one-time items, the company had per-share earnings of $1.15, matching the FactSet consensus. Revenue fell 2.5% to $5.576 billion from $5.719 billion a year ago, ahead of the $4.712 billion FactSet consensus. The tobacco giant said it still expects full-year adjusted EPS of $5.05 to $5.17, up 2% to 4.5% from 2023. “While the 2024 full-year adjusted diluted EPS guidance accounts for a range of scenarios, the external environment remains dynamic,” the company said in a statement.It will monitor conditions related to the economy, including the impact of inflation, adult tobacco consumer (ATC) dynamics, including purchasing patterns and adoption of smoke-free products, illicit e-vapor enforcement and regulatory, litigation and legislative developments. The stock was flat premarket and has gained 6.4% in the year to date, while the S&P 500 has gained 6.3%.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}