Categories AlphaGraphs, Consumer, Earnings

Altria Group beats Q4 revenue on smokeable strength: Infographic

Altria Group (NYSE: MO) reported fourth-quarter 2020 financial results before the regular market hours on Thursday. The tobacco company reported fourth-quarter revenue of $6.3 billion, up 5% year-over-year and above the Wall Street projection. Meanwhile, net income of $0.99 per share was 3 cents lower than what analysts had anticipated.

MO shares rose 0.4% immediately following the announcement. The stock has declined 16% in the trailing twelve months

Altria Group Q4 2020 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Altria Group Q4 earnings call transcript

“Our plans for the year ahead include accelerating investments in support of our 10-year Vision, which we expect to fund through the continued financial strength of our tobacco businesses,” CEO Billy Gifford said in a statement.  

Prior performance

  • Altria Group (MO) Q1 2020 Earnings Infograph

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