Altria Group Inc.

NYSE:MO   12:53:47 PM EDT
45.31
-0.14 (-0.31%)
Other Pre-Announcement

Altria Reaffirms 2022 Full-Year Earnings Guidance

Published: 07/28/2022 11:43 GMT
Altria Group Inc. (MO) - Altria Reports 2022 Second-quarter and First-half Results; Reaffirms 2022 Full-year Earnings Guidance.
Reaffirms FY Adjusted Earnings per Share View $4.79 to $4.93.
Reaffirms Its Guidance for 2022 Full-year Adjusted Diluted Earnings per Share.
Qtrly Net Revenues Decreased 5.7% to $6.5 Billion.
Qtrly Adjusted Diluted EPS $ 1.26.
Qtrly Reported Diluted EPS $ 0.49.
Q2 Earnings per Share View $1.25, Revenue View $5.41 Billion -- Refinitiv Ibes Data (analyst estimates).
Altria Group- in Q2 2022, Recorded Non-cash Pre-tax Unrealized Loss of $1.2 Billion As Result of Decrease in Estimated Fair Value of Investment in Juul.
FY2022 Earnings per Share View $4.83 -- Refinitiv Ibes Data (analyst estimates).
Says Has Not Opted to Be Released From Non-compete Obligations With Juul at This Time.
Qtrly Smokeable Products Segment Reported Domestic Cigarette Shipment Volume Decreased 11.1%.