Altria Sees FY23 Adj. EPS $4.91-$4.98 vs $4.70 Est.
Portfolio Pulse from Benzinga Newsdesk
Altria has projected its FY23 adjusted EPS to be between $4.91 and $4.98, which is higher than the estimated $4.70.
October 26, 2023 | 11:05 am
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Altria's higher than expected FY23 adjusted EPS forecast could potentially lead to a positive market reaction.
Earnings per share (EPS) is a key indicator of a company's profitability. Altria's higher than expected EPS forecast for FY23 suggests that the company is expecting strong profitability, which could potentially lead to a positive market reaction and an increase in the company's stock price.
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