Company News: Altria (MO) quarterly results beat analysts’ expectations

Market news

30 October 2020

Company News: Altria (MO) quarterly results beat analysts’ expectations

Altria (MO) reported Q3 FY 2020 earnings of $1.19 per share (versus $1.19 per share in Q3 FY 2019), beating analysts’ consensus estimate of $1.16 per share.

The company’s quarterly revenues amounted to $5.678 bln (+4.9% y/y), beating analysts’ consensus estimate of $5.384 bln.

MO rose to $37.18 (+0.84%) in pre-market trading.

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