Altria Group (NYSE:MO) is expected to report third quarter earnings results, before market open, on Friday 30th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.16 per share.
Looking ahead, the full year income are expected at $ 4.32 per share on the revenues of $ 20557.60 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 4.21 ~ $ 4.38 per share
Click Here For More Historical Outlooks Of Altria Group
Previous Quarter Performance
Altria Group disclosed income for the second quarter of $ 1.09 per share, from the revenue of $ 5,062.00 million. The quarterly earnings 0.91 percent while revenues reduced 2.52 percent compared with the same quarter last year.
Wall street analysts are predicting, MO to report 2Q20 income of $ 1.06 per share from revenue of $ 5041.03 million. The bottom line results beat street analysts by $ 0.03 or 2.83 percent, at the same time, top line results outshined analysts by $ 20.97 million or 0.42 percent.
Stock Performance
Shares of Altria Group traded up $ 0.15 or 0.41 percent on Thursday, reaching $ 36.87 with volume of 12.37 million shares. Altria Group has traded high as $ 37.20 and has cracked $ 36.23 on the downward trend
According to the previous trading day, closing price of $ 36.87, representing a 18.64 % increase from the 52 week low of $ 30.95 and a 29.08 % decrease over the 52 week high of $ 51.78.
The company has a market capital of $ 68.52 billion and is part of the Consumer Goods sector and Cigarettes industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.86 per share on July 27, 2020. The dividend were payable on October 9, 2020 to holders of record as of the close of business on September 15, 2020 and ex-dividend date on September 14, 2020.
Conference Call
Altria Group will be hosting a conference call at 9:00 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.altria.com
Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste.
