Should You Buy Altria (MO) Ahead of Q1 Earnings Release?
Altria(MO) Zacks Investment Research·2024-04-23 16:01
As Altria Group, Inc. (MO) prepares to unveil its first-quarter 2024 earnings on Apr 25, investors are keenly observing the company's performance amidst a challenging landscape. With a projected decline in both top and bottom-line figures, the upcoming earnings release prompts a critical question: Should you buy Altria ahead of this event?The Zacks Consensus Estimate for the to-be-reported quarter’s revenues is pegged at $4.7 billion, suggesting a drop of 1.1% from the prior year’s levels, however, indicati ...