What Analyst Projections for Key Metrics Reveal About Altria (MO) Q3 Earnings

Core Insights - Altria (MO) is expected to report quarterly earnings of $1.44 per share, reflecting a 4.4% increase year-over-year, while revenues are forecasted at $5.32 billion, indicating a 0.4% decline compared to the previous year [1] - Analysts have revised the consensus EPS estimate down by 0.3% over the last 30 days, suggesting a reevaluation of initial estimates by analysts [1][2] Revenue Estimates - Revenues net of excise taxes for Oral tobacco products are projected to be $713.65 million, showing a year-over-year increase of 2.7% [4] - Revenues net of excise taxes for Smokeable Products are expected to reach $4.64 billion, reflecting a slight decline of 0.2% from the same quarter last year [4] Operating Income Estimates - Operating Income for Oral tobacco products is estimated at $486.18 million, compared to $464.00 million from the previous year [5] - Adjusted Operating Income for Smokeable Products is anticipated to be $3.00 billion, up from $2.94 billion reported in the same quarter last year [5] Stock Performance - Altria shares have decreased by 1.6% over the past month, contrasting with a 2.5% increase in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near term [5]