Altria Group Q2 Adj $1.31, Inline, Sales $5.44B Miss $5.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
Altria Group (NYSE:MO) reported Q2 earnings of $1.31 per share, in line with analyst consensus. This is a 3.97% increase from the same period last year. The company also reported quarterly sales of $5.82 billion, beating the analyst consensus estimate of $5.45 billion by 6.85%. This is an 8.30% increase from the same period last year.
August 01, 2023 | 11:07 am
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POSITIVE IMPACT
Altria Group's Q2 earnings met expectations and sales beat estimates, indicating a positive financial performance.
Altria Group's earnings met analyst expectations and their sales exceeded estimates, which is a positive indicator of the company's financial performance. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100