The Latest Breaking News from Altria Group

Altria Group, Inc. (NYSE:MO) shares slipped on Thursday as a slump in smokeable and oral tobacco sales in the third quarter weighed on year-over-year revenue growth.

Altria Group is slated to announce its third-quarter earnings by the end of this month, with analysts expecting steady single-digit growth in its bottom line.

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Altria Group has significantly outperformed the broader market over the past year, yet analysts remain cautious about the stock’s prospects.

Shares of Altria Group, Inc. (NYSE:MO) are trading higher on Wednesday after the cigarette company reported second-quarter adjusted earnings per share of $1.44, beating the analyst consensus estimate of $1.39.

Altria Group is set to report its second-quarter earnings later this month, and analysts are projecting a modest single-digit increase in profitability.

Seemingly undervalued dividend stocks, such as BAC, F, MO, VZ, and PFE, offer a rare combination of strong yields and attractive valuations.

Altria Group stock just got a new $1.3 billion buyer this quarter, raising questions as to what the upside potential may be in this company.

Altria Group is gearing up to announce its Q1 results later this month, and analysts expect a low-single-digit growth in earnings.