Altria Group, the maker of tobacco products, posts quarterly earnings in line with expectations.
Here is how Altria (MO) and Simply Good Foods (SMPL) have performed compared to their sector so far this year.
Altria Group, Inc.'s Q4 earnings are expected to meet or exceed consensus, driven by strong pricing power and operational efficiencies offsetting cigarette volume declines. Looking to 2025, Altria remains positioned to generate $8.3 billion in attributable cash flow, likely sustaining a highly attractive ~10% shareholder yield. As a key risk factor, GLP-1 medications could accelerate cigarette volume declines by reducing nicotine cravings, posing a potential long-term challenge for Altria.
MO's Q4 results are likely to reflect gains from pricing actions and strength in NJOY and on! amid shifting consumer preferences.
Altria (MO 1.64%) and Costco (COST -0.26%) are pretty different companies, but they share a subtle similarity. What is that similarity?
In the latest trading session, Altria (MO) closed at $51.21, marking a +0.79% move from the previous day.
Altria (MO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MO's strong position in the smoke-free market, cost-savings and favorable earnings outlook position it as an attractive stock with growth potential.
Altria is one of the best companies to build a high passive income right away. But growth is the weak point. Philip Morris is the company to beat at the moment, but NJOY and on! could gain new market share in the coming quarters. Since I expect a slowdown in tech stock valuations, it may be a convenient time to add companies with stable cash flows. Altria is one of them.
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Altria (MO) concluded the recent trading session at $51.86, signifying a +1.37% move from its prior day's close.