Altria Group Q4 2023 Adj EPS $1.18 Beats $1.17 Estimate
Portfolio Pulse from Benzinga Newsdesk
Altria Group (NYSE:MO) reported Q4 2023 adjusted EPS of $1.18, surpassing the $1.17 estimate. Quarterly sales reached $5.97 billion, exceeding the $5.06 billion estimate by 18.02% and marking a 17.55% increase from the previous year.

February 01, 2024 | 12:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Altria Group reported a Q4 2023 adjusted EPS of $1.18, beating estimates, and sales of $5.97 billion, exceeding expectations and showing a year-over-year increase.
Altria Group's earnings and revenue beat not only demonstrates the company's ability to outperform analyst expectations but also indicates a strong financial health and growth trajectory. This positive earnings report is likely to instill investor confidence, potentially leading to a short-term uptick in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100