Altria Stock Falls 9.3% After Q2 Earnings Miss and Softer Full-Year Outlook
Altria (NYSE: MO) stock fell 9.3% on Thursday following the release of its latest quarterly report. The tobacco giant's second-quarter adjusted earnings of $1.48 per share missed Wall Street estimates by $0.02, while revenue after excise taxes rose 1.2% to $5.36 billion, largely in line with forecasts. The company also reported a 4.5% year-over-year decline in adjusted domestic unit volume shipments for its smokable segment. Altria's updated full-year adjusted earnings per share guidance of $5.61 to $5.72 has a midpoint below the prior average analyst forecast of $5.69.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
2
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
-
3
Cryptocurrency Investing for Beginners: A Guide to Buying and Asset Management
-
4
Former Aptos advisor "Buzz" leaves project, shifts meme marketing efforts to Meta stock
-
5
WOL Token: Current Status and Investment Considerations for World of Legends
-
6
Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
-
7
The Federal Reserve maintained interest rates, with a 10-2 vote. Lisa Cook and Beth Hammack voted in favor of a rate hike.
-
8
FOR Token (ForTube) Issuance Price and Project Analysis
-
9
President Trump returns to Ohio, highlighting over $100 billion in private investment attracted to the state during his term.
-
10
A Boston office building was sold at a foreclosure auction for one-third of its 2019 price, representing a discount of approximately $546 million.
Markets Today
Recommended Reading



