Altria's Second-Quarter and First-Half 2024 Earnings Conference Call July 31, 2024 1 | ALCS | Q2 2024 | 7.31.24 | For Investor Purposes ONLY Safe Harbor Statement Statements, including earnings guidance, in this presentation that are not reported financial results or other historical information are "forward-looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates and expectations, and are not guarantees ...

KanawatTH Introduction & Investment Thesis Once again, let's start with a statement: I own a certain stake in Altria Group (NYSE:MO). I recently published an MO article and stated that it was a 'hold' for me. To emphasize further - I didn't, and I don't intend to sell my position. Since publication, the stock price has increased by ~5.4%. On July 31st, Altria Group reported its Q2 2024 results, which led to a stock price decrease of ~3%. In this article, I examine MO's business development during the la ...

Should investors treat sell-offs on this high-yield dividend stock as a buying opportunity?The stock of Altria (MO -2.99%) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from S&P Global Market Intelligence.Before the market opened this morning, Altria published second-quarter results that fell short of the market's expectations. The business posted adjusted earnings of $1.31 per share on sales of ...

Altria Group, Inc. (NYSE:MO) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations Billy Gifford - Chief Executive Officer Sal Mancuso - Executive Vice President & Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Matt Smith - Stifel Callum Elliott - Bernstein Faham Baig - UBS Gaurav Jain - Barclays Owen Bennett - Jefferies Operator Good day everyone and welcome to the Altria Group 2024 Second Qua ...

Altria Group Inc. (MO) posted second-quarter 2024 results, wherein the bottom line remained flat year over year and came below the Zacks Consensus Estimate. Also, the top line declined from the year-ago quarter’s level. While the company continued to benefit from pricing power, soft cigarette shipment volumes remained a downside. Altria narrowed its bottom-line view for 2024. However, MO is demonstrating solid progress in its mission to transition adult smokers to a smoke-free future. In the second quarter, ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Altria (MO) came out with quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.96%. A quarter ago, it was expected that this owner of Philip Morris USA, the nation's largest cigarette maker would post earnings of $1.16 per share when it actually produced earnings of $1.15, delivering a surprise of -0 ...

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 June 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) Virginia 13-3260245 (State or other jurisdiction of ...

Exhibit 99.1 ALTRIA REPORTS 2024 SECOND-QUARTER AND FIRST-HALF RESULTS; NARROWS 2024 FULL-YEAR EARNINGS GUIDANCE RICHMOND, Va. - July 31, 2024 - Altria Group, Inc. (NYSE: MO) today reports our 2024 second-quarter and first-half business results and narrows our guidance for 2024 full-year adjusted diluted earnings per share (EPS). "Altria's momentum continues to build as we pursue our Vision to responsibly lead the transition of adult smokers to a smoke-free future," said Billy Gifford, Altria's Chief Execut ...

GERMANY - 2024/07/28: In this photo illustration, an Altria Group, Inc. logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAltria (NYSE: MO) will report its Q2 2023 results on Wednesday, July 31, and it will likely post an upbeat quarter. We expect the company to post revenue of $5.43 billion and adjusted earnings of $1.35 per share, compared to the consensus estimates of $5.39 billion and $1.34, res ...