Altria Packs Stronger Punch With Upgraded 2025 Outlook

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.

Quarterly sales of $6.102 billion (down 1.7% year over year) outpaced the Street view of $5.208 billion.

Revenues from smokeable products decreased 2.5%, primarily driven by lower shipment volume, partially offset by higher pricing. Revenues net of excise taxes decreased 0.4%.

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