- Company News: Altria (MO) quarterly results miss analysts’ estimates
Market news
25 April 2019
Company News: Altria (MO) quarterly results miss analysts’ estimates
Altria (MO) reported Q1 FY 2019 earnings of $0.90 per share (versus $0.95 in Q1 FY 2018), missing analysts’ consensus of $0.93.
The company’s quarterly revenues amounted to $4.389 bln (-6.0% y/y), missing analysts’ consensus estimate of $4.600 bln.
The company also issued in-line guidance for FY 2019, projecting EPS of $4.15-4.27 versus analysts’ consensus estimate of $4.22.
MO fell to $52.26 (-4.48%) in pre-market trading
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