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Barchart
Barchart
Kritika Sarmah

Earnings Preview: What to Expect From Altria Group’s Report

Valued at $109.1 billion by market cap, Altria Group, Inc. (MO) is a leading tobacco company headquartered in Richmond, Virginia. Altria owns prominent brands such as Marlboro, Black & Mild, and Copenhagen and operates through segments including smokeable products, oral tobacco, and wine.

Altria Group is ready to release its third-quarter results before the markets open on Thursday, Oct. 30. Ahead of the event, analysts expect MO to report an adjusted EPS of $1.44, up 4.4% from $1.38 reported in the year-ago quarter. The company has surpassed Street’s bottom-line estimates in all of the past four quarters.

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