Your email has been successfully added to our mailing list.

×
-0.000242914979757094 -0.00129554655870443 -0.00242914979757083 -0.00437246963562747 -0.0011336032388664 -0.0102834008097166 -0.0159514170040486 -0.0118218623481781
Stock impact report

Altria earnings fall short amid lower cigarette sales and competition for nicotine products [Globe and Mail, The (Toronto, Canada)]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
The Richmond, Virginia-based company said fourth-quarter revenue slid 2% to $5.8 billion, mainly driven by lower cigarette sales. Tobacco companies have long had to manage shrinking sales of their main product category, but Altria executives said cigarettes have been increasingly squeezed by the introduction of unauthorized disposable electronic cigarettes, which are often cheaper and come in fruit and candy flavors. “We have long advocated for stronger enforcement against illicit products,” Altria CEO Billy Gifford said Thursday. The company reported adjusted net income of $1.30 per share, falling short of Wall Street expectations for earnings per share of $1.32, according to analysts surveyed by Zachs Investments Research. Company shares fell more than 2.5% in morning trading. Altria executives updated investors on the company's longstanding efforts to diversify the company's business into next-generation products, such as e-cigarettes and nicotine pouches , though the comp Show less Read more
Impact Snapshot
Event Time:
MO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MO alerts
Opt-in for
MO alerts

from News Quantified
Opt-in for
MO alerts

from News Quantified