Earnings Preview: What to Expect From Altria Group’s Report

Company Overview - Altria Group, Inc. is valued at $109.1 billion and is a leading tobacco company based in Richmond, Virginia, owning brands like Marlboro, Black & Mild, and Copenhagen, with operations in smokeable products, oral tobacco, and wine [1] Upcoming Earnings - Altria is set to release its third-quarter results on October 30, with analysts expecting an adjusted EPS of $1.44, reflecting a 4.4% increase from $1.38 in the same quarter last year [2] - For fiscal 2025, the expected adjusted EPS is $5.43, which is a 6.1% increase from $5.12 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, Altria's shares have increased by 31.2%, outperforming the S&P 500 Index's return of 13.4% and the Consumer Staples Select Sector SPDR Fund's decline of 3.5% [4] Analyst Ratings - Bank of America Securities analyst Lisa Lewandowski has reaffirmed a "Buy" rating on Altria, leading to a 1.3% increase in share price following the announcement [5] - The consensus rating on Altria is neutral, with 15 analysts providing ratings: 4 "Strong Buy," 9 "Hold," 1 "Moderate Sell," and 1 "Strong Sell," with the stock trading slightly above the mean price target of $62.27 [6]