- Company News: Altria (MO) quarterly earnings beat analysts’ estimate
Market news
28 July 2020
Company News: Altria (MO) quarterly earnings beat analysts’ estimate
Altria (MO) reported Q2 FY 2020 earnings of $1.09 per share (versus $1.10 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.06 per share.
The company’s quarterly revenues amounted to $5.062 bln (-2.5% y/y), generally in line with analysts’ consensus estimate of $5.085 bln.
The company also reinstated its FY 2020 guidance, projecting EPS of $4.21-4.38 versus analysts’ consensus estimate of $4.30.
MO rose to $42.25 (+0.28%) in pre-market trading.
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