Altria Group Q4 Sales $5.975B Beat $5.06B Estimate, Revenues Net Of Excise Taxes $5.024B
Portfolio Pulse from Benzinga Newsdesk
Altria Group (NYSE:MO) reported Q4 sales of $5.975B, surpassing the $5.06B estimate, marking an 18.02% beat and a 17.55% increase from the previous year. Revenues net of excise taxes were $5.024B.
February 01, 2024 | 12:01 pm
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Altria Group reported a significant beat on Q4 sales estimates with an 18.02% increase over expectations and a 17.55% YOY growth, indicating strong performance.
The substantial beat on both the sales estimates and the year-over-year growth indicates a strong performance by Altria Group. This is likely to be viewed positively by investors, potentially leading to a short-term uptick in the stock price.
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