Altria Group Inc

MO

Equity

ISIN US02209S1033 / Valor 1331740

New York Stock Exchange, Inc (2024-11-21)

USD 56.03+0.09%

Altria Group Inc
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About company

Altria Group Inc is a company primarily engaged in the manufacture and sale of cigarettes, smokeless products, and wine in the United States.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

Altria Group Inc. reported a revenue increase for the first quarter of 2018. The company's net revenues rose to $4.67 billion, reflecting a growth driven by higher pricing in its core tobacco business.

Earnings Per Share

For Q1 2018, Altria Group Inc. announced that its diluted earnings per share (EPS) increased to $0.95. This represents a significant improvement compared to the same period in the previous year, showcasing the company's strong financial performance.

Net Income

Altria Group Inc. reported a net income of $1.89 billion for the first quarter of 2018. This figure marks a substantial increase from the net income reported in Q1 2017, indicating robust profitability.

Dividend Declaration

In Q1 2018, Altria Group Inc. declared a regular quarterly dividend of $0.70 per share. This decision underscores the company's commitment to returning value to its shareholders through consistent dividend payments.

Full-Year Guidance

Altria Group Inc. reaffirmed its guidance for the full year of 2018, projecting adjusted diluted EPS to be in the range of $3.90 to $4.03. This outlook reflects the company's confidence in its ongoing business strategy and market position.

Summarized from source with an LLMView Source

Key figures

37.5%1Y

29.1%3Y

14.8%5Y

Performance

19.0%1Y

21.3%3Y

25.1%5Y

Volatility