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The stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from ...
The main reason Altria stock pulled back was its guidance came up short. Management said adjusted earnings per share would grow 2% to 5%, reaching $5.22 to $5.37, which compares to the analyst ...
Altria Group (MO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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For Altria (NYSE: MO), it means more pressure from investors for the business to diversify into other products. Smokeable products still account for the vast majority of its sales.
Altria Group, Inc. (previously known as Philip Morris Companies, Inc. until 2003) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco.
Thus, it is not surprising that, while the broad market is down, Altria Group, Inc. (NYSE: MO) is over 6% up, looking as bullish as ever. Why We Think Altria's (NYSE:MO) Falls Short on Our ...
The market was clearly impressed how management is coping with the company's challenging situation.