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Altria: tightens up 2021 EPS target range
(CercleFinance.com) - Altria has announced that it has raised its guidance for FY 2021 adjusted diluted EPS to a new target range of 4.
58 to 4.62 dollars, i.e. growth of 5% to 6% relative to FY 2020. The owner of the Philip Morris brand in the US, as well as John Middleton and Nat Sherman, saw its adjusted EPS rise by 2.5% to 1.22 dollar in Q3 2021, on net revenues that are down 4.7% at 6.79 billion dollars. In addition, the board has authorised the expansion of its existing 2 billion dollar share buyback program to 3.5 billion dollars: it plans to complete the expanded program by 31 December 2022. Copyright (c) 2021 CercleFinance.com. All rights reserved. |
26/04/2024 16:00
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