Altria Group, Inc. (MO) has seen a notable stock performance, returning +6% over the past month, surpassing the S&P 500’s -5.9% and the Zacks Tobacco industry’s +10.3%. For the current quarter, Altria is projected to report earnings of $1.35 per share, an increase of +5.5% year-over-year, while the current fiscal year’s consensus estimate stands at $5.10, reflecting a +3% change.
In terms of revenue, Altria’s expected sales for the current quarter is $5.32 billion, representing a year-over-year increase of +0.9%. The company reported revenues of $5.28 billion in the last quarter, a decrease of -3% from the previous year. Additionally, the Zacks Rank currently rates Altria at #3 (Hold), suggesting it may perform in line with the broader market in the near term.
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