menu search

MO / Marlboro parent Altria matches profit expectations but falls a bit shy on revenue, but maintains full-year outlook

Marlboro parent Altria matches profit expectations but falls a bit shy on revenue, but maintains full-year outlook
Shares of Marlboro parent Altria Group Inc. MO edged up 0.1% in premarket trading Thursday, after the cigarette and tobacco products company matched first-quarter profit expectations but fell shy on revenue, while maintaining its full-year outlook. Net income fell to $1.79 billion, or $1.00 a share, from $1.96 billion, or $1.08 a share, in the year-ago period. Read More
Posted: Apr 27 2023, 07:16
Author Name: Market Watch
Views: 111446

MO News  

Altria Stock: Buy, Sell, or Hold?

By The Motley Fool
November 3, 2023

Altria Stock: Buy, Sell, or Hold?

Altria makes tobacco products including cigarettes, pouches, cigars, and vapes. Cigarettes are the company's biggest product. more_horizontal

Altria: It's The Best Time In 20 Years To Buy This 10%-Yielding Dividend Aristocrat

By Seeking Alpha
November 2, 2023

Altria: It's The Best Time In 20 Years To Buy This 10%-Yielding Dividend Aristocrat

Altria Group fell 8% on a mild earnings miss. 10% volume declines have the market worried about its smoke-free future transition. Management, analysts more_horizontal

3 Undervalued Stocks With a Dividend Yield of 5%

By InvestorPlace
November 1, 2023

3 Undervalued Stocks With a Dividend Yield of 5%

I believe that inflation for a common man is higher than what the headline inflation data suggests. To retain purchasing power of money, it's importan more_horizontal

Altria Won't Make You A Millionaire; Still A Great Buy

By Seeking Alpha
October 31, 2023

Altria Won't Make You A Millionaire; Still A Great Buy

Altria's stock has not performed as well as expected, but still offers good returns for income investors. Altria's cigarette sales are declining, but more_horizontal

Altria Stock Selloff Lifts Dividend Yield to Nearly 10%

By Barrons
October 27, 2023

Altria Stock Selloff Lifts Dividend Yield to Nearly 10%

Altria Group stock dove Thursday after investor disappointment with guidance. The dividend yield swelled nearly to double digits. more_horizontal

Altria Group: I Was Wrong But Am Not Deterred

By Seeking Alpha
October 27, 2023

Altria Group: I Was Wrong But Am Not Deterred

Altria Group, Inc. stock has declined significantly in the past month, six months, YTD, and five years due to the decline of traditional cigarettes in more_horizontal

3 High-Yield Stocks for Long-Term Income

By InvestorPlace
October 26, 2023

3 High-Yield Stocks for Long-Term Income

Market volatility in 2023 has made some equities overvalued and other undervalued. Investors have fled some sectors and industries because their resul more_horizontal

Altria's (MO) Q3 Earnings Miss Estimates on Soft Volumes

By Zacks Investment Research
October 26, 2023

Altria's (MO) Q3 Earnings Miss Estimates on Soft Volumes

Altria's (MO) third-quarter 2023 results reflect lower shipment volumes as a result of macroeconomic pressure on ATC behavior. However, pricing remain more_horizontal


Search within

Pages Search Results: