RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Altria Group (MO) on Thursday reported third-quarter net income of $2.29 billion.
On a per-share basis, the Richmond, Virginia-based company said it had profit of $1.34. Earnings, adjusted for non-recurring costs, came to $1.38 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.
The owner of Philip Morris USA, the nation’s largest cigarette maker posted revenue of $6.26 billion in the period. Its adjusted revenue was $5.34 billion.
Altria expects full-year earnings in the range of $5.07 to $5.15 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MO at https://www.zacks.com/ap/MO
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
