Company News: Altria (MO) Q4 Earnings Miss Expectations

Market news

28 January 2016

Company News: Altria (MO) Q4 Earnings Miss Expectations

Altria reported Q4 FY 2015 earnings of $0.67 per share (versus $0.66 in Q4 FY 2014), missing analysts' consensus of $0.68.

The company's quarterly revenues amounted to $4.729 bln (+2.5% y/y), slightly missing consensus estimate of $4.764 bln.

Altria issued in-line guidance for FY 2016, projecting EPS of $3.00-3.05 versus analysts' consensus of $3.05.

MO rose to $58.99 (+0.05%) in pre-market trading.

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