Company News: Altria (MO) quarterly results miss analysts’ forecasts

Market news

27 July 2017

Company News: Altria (MO) quarterly results miss analysts’ forecasts

Altria (MO) reported Q2 FY 2017 earnings of $0.85 per share (versus $0.81 in Q2 FY 2016), missing analysts' consensus estimate of $0.86.

The company's quarterly revenues amounted to $4.366 bln (+3.2% y/y), missing analysts' consensus estimate of $5.021 bln.

The company also reaffirmed its FY 2017 adjusted diluted EPS growth guidance of 7.5% to 9.5%.

MO fell to $71.70. (-0.04%) in pre-market trading.

U.S.: Durable Goods Orders , June 6.5% (forecast 3%)

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