The Latest Breaking News from Altria Group

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Altria Group is expected to report its fourth-quarter results later this month, and Wall Street forecasts a marginal uptick in earnings.

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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.