The highly anticipated financial results for the third quarter of Altria Group (NYSE: MO) are scheduled to be disclosed on Thursday 31st October 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
According to the forecasts of financial experts on Wall Street, the enterprise is expected to reveal an anticipated $1.35 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $5.33 billion.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $20.37 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $5.1 over the course of the fiscal year.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $1.28. This was a direct result of the company's total revenue, which amounted to an impressive $5.28 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.31 | 0% | 6.21 B | +14.2% |
| Q1 2024 | $1.15 | -2.5% | 5.58 B | +17.1% |
| Q4 2023 | $1.18 | 0% | 5.02 B | -1.2% |
| Q3 2023 | $1.28 | 0% | 5.28 B | -10.3% |
| Q2 2023 | $1.31 | +4.0% | 5.44 B | +1.2% |
| *Growth on year-over-year basis | ||||
The organization will host a conference call with investment community on 31st October 2024 at 09:00 AM eastern time to discuss the financial results.
Altria Group (MO) closed Tuesday's regular trading session at $49.95, indicating a 0.6 percent drop, with a volume of 8.02 million shares.
