Valued at $96.6 billion by market cap, Altria Group, Inc. (MO) operates as a tobacco company, offering a wide portfolio of leading tobacco products in the U.S. The Richmond, Virginia-based company owns several subsidiaries, manufacturing both combustible and smoke-free products.
The tobacco giant is gearing up to release its first-quarter results before the markets open on Tuesday, Apr. 29. Ahead of the event, analysts expect MO to report an adjusted EPS of $1.17, up a modest 1.7% from $1.15 reported in the year-ago quarter. While the company has surpassed Street’s bottom-line estimates twice over the past four quarters, it has missed the projections on two other occasions.
