earnings
confidence high
sentiment neutral
materiality 0.75
Altria Q3 adjusted EPS flat at $1.28; narrows FY2023 guidance to $4.91-$4.98
ALTRIA GROUP, INC.
2023-Q3 EPS reported
$3.40
revenue$18,508,000,000
- Q3 reported EPS $1.22 vs $0.12 YoY (100%+); adjusted EPS unchanged at $1.28.
- Net revenues $6.3B down 4.1%; revenues net of excise taxes $5.3B down 2.5%.
- Full-year 2023 adjusted EPS guidance narrowed to $4.91-$4.98, growth 1.5%-3%.
- Quarterly dividend raised 4.3% to $3.92 annualized; 58th increase in 54 years.
- NJOY ACE shipped 7.5M pods in Q3; distribution target 70,000 stores by year-end.