Altria Group Inc. Q1 2024 Earnings: Highlights and Future Projections
Thursday, 25 April 2024, 13:10
Altria Group Inc. Q1 2024 Earnings Overview
Altria Group Inc. (NYSE: MO) reported its Q1 2024 financial results, revealing a 2.5% decline in net revenues year-over-year.
Key Highlights:
- Net earnings increased by 19.1% to $2.12 billion.
- EPS rose by 21% to $1.21 compared to the prior year.
Adjusted EPS fell 2.5% to $1.15. The company foresees adjusted EPS for the full year 2024 to be between $5.05 and $5.17.
Altria Group Inc. is focused on maintaining a balance between revenue growth and profitability in its operations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.