Known in some circles, including this one, as the mighty MO, tobacco company Altria Group Inc.
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The updates provided in MO's FQ1 earnings report reflected some profit pressures and growth headwinds ahead. Sales of smokeable products declined significantly, as MO's pricing power was not sufficient to completely offset the volume decrease. Oral tobacco products showed slight growth YoY, with the "on!" franchise seeing an 18% shipment volume increase.
Altria Group, Inc. (NYSE:MO ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations William Gifford - Chief Executive Officer Sal Mancuso - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Smith - Stifel Financial Corp Gaurav Jain - Barclays Bonnie Herzog - Goldman Sachs Group, Inc. Faham Baig - UBS Emma Rumney - Reuters Operator Good day, and welcome to the Altria Group 2025 First Quarter Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Altria's management and a question-and-answer session.
The headline numbers for Altria (MO) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Altria (MO) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.15 per share a year ago.
Sales of cigarettes and other tobacco products could tumble if consumers cut down on nonessential spending.
Altria Group (MO -0.71%) makes and sells Marlboro cigarettes. Philip Morris International (PM 0.06%) makes and sells Marlboro cigarettes.
Altria (MO -0.71%) stock has long been a favorite among income investors and it's clear why.
MO's Q1 results are likely to reflect macroeconomic pressures and declining cigarette volumes, though growth in smoke--free products may help.
Altria (MO) reachead $58.71 at the closing of the latest trading day, reflecting a +0.26% change compared to its last close.
Beyond analysts' top -and-bottom-line estimates for Altria (MO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.