Company News: Altria (MO) Q2 results beat analysts’ expectations

Market news

27 July 2016

Company News: Altria (MO) Q2 results beat analysts’ expectations

Altria reported Q2 FY 2016 earnings of $0.81 per share (versus $0.74 in Q2 FY 2015), beating analysts' consensus estimate of $0.80.

The company's quarterly revenues amounted to $6.521 bln (-1.4% y/y), beating analysts' consensus estimate of $5.014 bln.

MO rose to $68.74 (+1.19%) in pre-market trading.

U.S.: Durable Goods Orders , June -4% (forecast -1.1%)

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