Altria Q1 2023 adjusted EPS $1.18 (+5.4%); reaffirms FY guide $4.98-$5.13

ALTRIA GROUP, INC.

2023-Q1 EPS reported $1.00 revenue$5,719,000,000

Reported net revenues $5,719M (-2.9%); revenues net of excise taxes $4,763M (-1.2%).
Adjusted diluted EPS $1.18, up 5.4% vs $1.12; reported EPS $1.00 (-7.4%) on JUUL-related loss of $250M.
Cigarette shipment volume fell 11.4%; Marlboro retail share 42.0%, down 0.6pp YoY.
Reaffirms FY2023 adjusted EPS guidance $4.98-$5.13, representing 3%-6% growth from $4.84.
NJOY acquisition pending FTC review; JUUL economic interest exchanged for non-exclusive IP license.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ALTRIA GROUP, INC. reported Q1 2023 results: revenue $5,719, EPS $1.18. Guidance reaffirmed.

Period: Q1 2023
Revenue: $5,719
EPS: $1.18
Guidance: reaffirmed
Result: reported results

Exact text from the filing

“We are off to a strong start and believe our businesses are on track to deliver against full-year plans,” said Billy Gifford, Altria’s Chief Executive Officer. “Our tobacco businesses performed well in a challenging macroeconomic environment. We delivered strong adjusted diluted EPS growth of 5.4%, and we announced exciting progress toward our Vision.” “We reaffirm our guidance to deliver 2023 full-year adjusted diluted EPS in a range of $4.98 to $5.13. This range represents an adjusted diluted EPS growth rate of 3% to 6% from a $4.84 base in 2022.” Altria Headline Financials 1 ($ in millions, except per share data) Q1 2023 Change vs. Q1 2022 Net revenues $5,719 (2.9)% Revenues net of excise taxes $4,763 (1.2)% Reported tax rate 27.9% 1.2 pp Adjusted tax rate 25.0% (0.1) pp Reported diluted EPS 2 $1.00 (7.4)% Adjusted diluted EPS 2 $1.18 5.4%

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

ALTRIA GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000764180-23-000058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.