Altria (MO) Q1 Earnings and Revenues Lag Estimates

Altria (MO) came out with quarterly earnings of $1.15 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.86%. A quarter ago, it was expected that this owner of Philip Morris USA, the nation's largest cigarette maker would post earnings of $1.17 per share when it actually produced earnings of $1.18, delivering a surprise of 0. ...