UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-08940 Altria Group, Inc. (Exact name of registrant as specified in its charter) Richmond,Virginia | --- | --- | |------------- ...

Exhibit 99.1 ALTRIA REPORTS 2024 THIRD-QUARTER AND NINE-MONTHS RESULTS; REAFFIRMS 2024 FULL-YEAR EARNINGS GUIDANCE RICHMOND, Va. - October 31, 2024 - Altria Group, Inc. (NYSE: MO) today reports our 2024 third-quarter and ninemonths business results and reaffirms our guidance for 2024 full-year adjusted diluted earnings per share (EPS). "Altria delivered outstanding results in the third quarter," said Billy Gifford, Altria's Chief Executive Officer. "The smokeable products segment delivered solid operating c ...

Altria has a lofty 8.2% yield, but that yield comes with material risks. You shouldn't buy it unless you can handle significant uncertainty. On the surface, Altria (MO 1.10%) looks like a dividend investor's dream stock. It has increased its dividend annually for years. It has a huge 8.2% dividend yield. And it operates in the consumer staples area, which is filled with reliable businesses that sell products consumers use on a regular basis. But don't jump to hit the buy button. There's a very good reason y ...

Altria Group, Inc. (MO) is currently trading at a forward 12-month price-to-sales (P/E) ratio of 4.22, higher than the industry average of 3.97. This premium indicates investors are factoring in strong growth expectations, positioning Altria above its peers, such as British American Tobacco p.l.c. (BTI) and Turning Point Brands, Inc. (TPB) . However, such a valuation premium also signals potential risk if the company fails to deliver on these optimistic projections. MO’s Value Score of D adds to these conce ...

The price of tobacco giant Altria (NYSE: MO ) hasn't moved much since I last wrote about it in August. This is entirely in line with the expectation of a "short-term price correction" then (see chart below). But in no way does the Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Gr ...

Altria Group, Inc. (MO) is slated to report third-quarter 2024 earnings on Oct. 31. The Zacks Consensus Estimate for revenues is pegged at $5.29 billion, which indicates a 0.2% increase from the year-ago period. The consensus mark for earnings has remained unchanged in the past 30 days at $1.36 per share, which implies 6.3% growth from the year-ago quarter's figure. MO has a trailing four-quarter negative earnings surprise of 0.9%, on average. Image Source: Zacks Investment Research Stay up-to-date with all ...

Altria (NYSE: MO ) probably doesn't need an introduction, but for those unfamiliar with it, the company is the leading tobacco company in the US, mostly known for its popular Marlboro brand. Philipp is a seasoned value investor with nearly 20 years of experience in the field. He takes a global approach to investment opportunities, seeking out undervalued companies that offer a significant margin of safety, leading to attractive dividend yields and returns. While he does not limit his investments to specific ...

As 2025 fast approaches, one prevailing factor is economic uncertainty, and for income-seeking investors, the stock market offers several opportunities. In this regard, affordable stocks exist with a reputation for consistently paying dividends over the years. Below are two equities to consider, as they combine strong yields with value pricing, making them standout choices for those looking to enhance their portfolios with steady cash flow.AT&T (NYSE: T)AT&T’s (NYSE: T) share price has had a stellar 2024, g ...

The latest trading session saw Altria (MO) ending at $49.94, denoting a +0.28% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.22%. Elsewhere, the Dow saw a downswing of 0.33%, while the tech-heavy Nasdaq appreciated by 0.76%.The owner of Philip Morris USA, the nation's largest cigarette maker's shares have seen a decrease of 2.43% over the last month, not keeping up with the Consumer Staples sector's loss of 2.27% and the S&P 500's gain of 1.47%.The investment communi ...

The market expects Altria (MO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers are be ...