Company News: Altria (MO) Q3 results beat analysts’ forecasts

Market news

27 October 2016

Company News: Altria (MO) Q3 results beat analysts’ forecasts

Altria reported Q3 FY 2016 earnings of $0.82 per share (versus $0.75 in Q3 FY 2015), beating analysts' consensus estimate of $0.81.

The company's quarterly revenues amounted to $5.193 bln (+4.3% y/y), beating analysts' consensus estimate of $5.111 bln.

The company reaffirmed guidance for FY2016, projecting EPS of $2.98-3.04 versus analysts' consensus estimate of $3.01

MO rose to $64.60 (+0.12%) in pre-market trading.

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