• Company News: Altria (MO) quarterly earnings beat analysts’ estimate

Market news

26 October 2017

Company News: Altria (MO) quarterly earnings beat analysts’ estimate

Altria (MO) reported Q3 FY 2017 earnings of $0.90 per share (versus $0.82 in Q3 FY 2016), beating analysts' consensus estimate of $0.87.

The company's quarterly revenues amounted to $5.100 bln (-1.8% y/y), missing analysts' consensus estimate of $5.217 bln.

The company also issued in-line guidance for FY2017, projecting EPS of $3.26-3.32 versus analysts' consensus estimate of $3.27.

MO rose to $63.94 (+0.24%) in pre-market trading.

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