Altria Group, Inc. (MO) is a leading Virginia-based tobacco company. Valued at $111.7 billion by market cap, it primarily generates revenue from its dominant cigarette business, led by the Marlboro brand, while also expanding into smokeless tobacco and e-vapor products. The company is known for its strong pricing power and high dividend payouts.
Altria Group is ready to release its first-quarter results before the market opens on Thursday, Apr. 30. Ahead of the event, analysts expect MO to report an adjusted EPS of $1.24, up marginally from $1.23 reported in the year-ago quarter. The company has surpassed Street’s bottom-line estimates in three of the past four quarters, while missing on another quarter.
