- Company News: Altria (MO) posts quarterly earnings in line with analysts' estimate
Market news
30 July 2019
Company News: Altria (MO) posts quarterly earnings in line with analysts' estimate
Altria (MO) reported Q2 FY 2019 earnings of $1.10 per share (versus $1.01 in Q2 FY 2018), in line with analysts’ consensus estimate.
The company’s quarterly revenues amounted to $5.193 bln (+6.4% y/y), beating analysts’ consensus estimate of $5.078 bln.
The company also reaffirmed guidance for FY 2019, projecting EPS of $4.15-4.27 versus analysts’ consensus estimate of $4.18.
MO rose to $50.50 (+0.38%) in pre-market trading.
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