Altria Group, Inc. (NYSE:MO) Q3 2024 Earnings Conference Call October 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 and Chief Financial Officer Conference Call Participants Matt Smith - Stifel Bonnie Herzog - Goldman Sachs Faham Baig - UBS Callum Elliott - Bernstein Operator Mac Livingston - Vice President of Investor Relations Billy Gifford - Chief Executive Officer Sal Mancuso - ...

Altria Group Inc. (MO) posted third-quarter 2024 results, wherein the bottom line improved year over year and beat the Zacks Consensus Estimate, whereas revenues dipped due to the smokeable products segment.  However, the smokeable products segment saw robust operating income growth, driven by Marlboro's strong performance. In the oral tobacco category, MST brands sustained profitability, and on! continued its upward momentum in the market. Along with the earnings release, Altria has unveiled a new initiati ...

Altria Group, Inc. (NYSE: MO ) has just released its FY 2024 Q3's results as Seeking Alpha has covered here . While pre-market price action can be fickle, it looks like Altria investors are set for a day Dividends (DGI and DRIP) and Growth at reasonable price (GARP) for Long-term. Serious money.Fun trading for short-term. Play money.Ideas and thoughts presented in the articles are not professional recommendations. Analyst's Disclosure: I/we have a beneficial long position in the shares of MO either through ...

Altria (MO) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.47%. A quarter ago, it was expected that this owner of Philip Morris USA, the nation's largest cigarette maker would post earnings of $1.35 per share when it actually produced earnings of $1.31, delivering a surprise of -2. ...

Altria's Third-Quarter and Nine-Months 2024 Earnings Conference Call October 31, 2024 FAMILY OF COMPANI 1 | ALCS | Q3 2024 | 10.31.24 | 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, ...

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 ...