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

Market news

29 July 2021

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

Altria (MO) reported Q2 FY 2021 earnings of $1.23 per share (versus $1.09 per share in Q2 FY 2020), beating analysts’ consensus estimate of $1.17 per share.

The company’s quarterly revenues amounted to $5.614 bln (+10.9% y/y), beating analysts’ consensus estimate of $5.362 bln.

MO rose to $49.70 (+0.59%) in pre-market trading.

U.S. weekly jobless claims total 400,000

U.S.: PCE price index, q/q, Quarter II 5.7%

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