Altria: Q4 EPS matches consensus
(CercleFinance.com) - Altria Group saw its Q4 adjusted EPS increase by 7.
4% to 1.02 dollar, in line with the consensus, for revenues that are down 1.8% to just over six billion dollars (sales +0.3% net of excise duty).
The tobacco giant, which in particular owns the Philip Morris brand for the US, as well as John Middleton and Nat Sherman, thus rerpoted FY 2019 adjusted EPS of 4.22 dollars, against a target range of 4.19 dollars to 4.27 dollars.
In addition, Altria says that it expects 2020 adjusted EPS of between 4.39 dollars and 4.51 dollars, up 4% to 7%, in line with its new target range for 2020-22, reduced from the previous target range of 5%-8% per year.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
4% to 1.02 dollar, in line with the consensus, for revenues that are down 1.8% to just over six billion dollars (sales +0.3% net of excise duty).
The tobacco giant, which in particular owns the Philip Morris brand for the US, as well as John Middleton and Nat Sherman, thus rerpoted FY 2019 adjusted EPS of 4.22 dollars, against a target range of 4.19 dollars to 4.27 dollars.
In addition, Altria says that it expects 2020 adjusted EPS of between 4.39 dollars and 4.51 dollars, up 4% to 7%, in line with its new target range for 2020-22, reduced from the previous target range of 5%-8% per year.
Copyright (c) 2020 CercleFinance.com. All rights reserved.