Altria reports in-line Q4 earnings, revenue beats estimates https://t.co/bfYpFNJay3 https://t.co/0UrdsEXBlk
$MO (-2.4% pre) Altria says counterfeit e-vape products are hurting its business outlook - MW https://t.co/12db6UOPKv
Altria trading lower this morning on Q4 earnings: ~EPS: $1.29 vs $1.29 est ~REV: $5.97B vs $5.05B est https://t.co/y9rGR25fQ5 $MO 🔴 -2.40% in pre-market https://t.co/PiXvY82qHm

Altria Group Inc. reported its fourth-quarter 2024 earnings, revealing net revenue of $5.97 billion and an adjusted diluted earnings per share (EPS) of $1.29, matching analysts' expectations. The company also reported a net income of $3.04 billion. Altria maintained a 41.3% share of the U.S. cigarette market, while sales of its NJOY e-vapor products increased by 15.3% year-over-year. Despite these results, Altria's stock fell by 2.4% in pre-market trading, attributed to concerns over declining cigarette volumes and the impact of counterfeit e-vape products on its business outlook. The company’s revenue, excluding excise taxes, was reported at $5.11 billion, surpassing the expected $5.04 billion. For the full year, Altria's earnings per share guidance is projected at $5.13, with revenue expectations of $20.37 billion.

