Can Altria Sustain EPS Gains as Revenues Decrease 1.7% Y/Y?
Key Takeaways Altria grew adjusted EPS 3.6% to 5.25 billion.Pricing and margin expansion in smokeable and oral tobacco units offset lower shipment volumes.MO repurchased 1.9 million shares in the quarter and retired 12.3 million shares over nine months.Altria Group, Inc.’s ((MO) ability to deliver 3.6% growth in adjusted earnings per share (EPS) to 5.25 ...