Wednesday, February 1, 2023

Altria Q4 Profit Beats Estimates, Expects 2023 Adj. EPS To Grow 3%-6%; Authorizes Share Repurchase

Altria Group, Inc. (MO) reported that its fourth-quarter adjusted EPS increased 8.3% to $1.18 from prior year, primarily driven by higher adjusted OCI, fewer shares outstanding and favorable interest expense. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $1.17, for the quarter. Analysts' estimates typically exclude special items.

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