Company News: Altria (MO) posts good Q3 results

Market news

29 October 2015

Company News: Altria (MO) posts good Q3 results

Altria reported Q3 earnings of $0.75 per share (versus $0.69 in Q3 FY 2014), slightly missing analysts' consensus of $0.76.

The company's revenues amounted to $4.978 bln (+4.7% y/y), beating consensus estimate of $4.903 bln.

The company reaffirmed its FY 2015 guidance with earnings expected to be within the range of $2.76 to $2.81 per share. The analysts' consensus forecast for the company's EPS FY 2015 stands at $2.81.

MO rose to $62.10 (+1.07%) in pre-market trading.

Orders

U.S.: PCE price index ex food, energy, q/q, Quarter III 1.3% (forecast 1.4%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.