Altria Group, Inc. (MO)
Altria Group (MO) Q4 2024 Earnings Call Transcript
Altria Group (NYSE:MO ) Q4 2024 Earnings Call Transcript January 30, 2025 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations Billy Gifford - CEO and Director Sal Mancuso - Executive VP and CFO Conference Call Participants Matt Smith - Stifel Financial Corp. Bonnie Herzog - Goldman Sachs Faham Baig - UBS Gaurav Jain - Barclays Eric Serotta - Morgan Stanley Emma Rumney - Reuters Operator Good day. And welcome to the Altria Group 2024 Fourth Quarter and Full Year Earnings Conference Call.
Altria's Results Edge Past Expectations
Altria Group (MO -3.00%), a leading player in the tobacco industry, released its fourth-quarter results on Jan. 30. Adjusted earnings per share (EPS) of $1.29 slightly outperformed the analysts' consensus estimate of $1.28, while revenues (net of excise taxes) amounted to $5.11 billion, surpassing the forecasted $5.05 billion by about 1%.
MO Q4 Earnings Beat Estimates on Pricing Despite Low Cigarette Volumes
Altria's Q4 results reflect increased earnings on higher operating income. Management expects earnings growth in 2025.
Altria: High Yield, Improving Growth
Altria Group reported a double beat in Q4, driven by strong growth from its on! brand, showcasing its robust business model despite a declining smoker base. The tobacco giant's 8% dividend yield and low valuation make it an attractive investment, even with modest earnings growth projections. Altria's focus on price increases and margin growth has led to a 9% EPS increase in Q4, highlighting its ability to convert minor revenue gains into significant profit increases.
Why Altria Stock Was Sliding Today
Shares of Altria (MO -3.11%), the tobacco giant best known as the domestic maker of Marlboro cigarettes, were heading lower after its guidance for 2025 disappointed investors.
Here's What Key Metrics Tell Us About Altria (MO) Q4 Earnings
Although the revenue and EPS for Altria (MO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Altria (MO) Surpasses Q4 Earnings and Revenue Estimates
Altria (MO) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.18 per share a year ago.
Altria sees weak annual profit as vape competition heats up
Marlboro maker Altria said on Thursday its annual adjusted profit could be lower than estimated, citing rising competition from rival vapes in the market and persistently weaker demand for cigarettes.
Altria 'smoke-free' targets under threat from illicit vapes
Altria , the maker of Marlboro cigarettes, has placed under review its 2028 goals for selling alternatives to smoking on the U.S. market, saying on Thursday it may not be able to meet them because of competition from disposable vapes.
Altria says counterfeit e-vape products are hurting its business outlook
“Illicit products now represent more than 60% of the e-vapor category,” the tobacco company said.
Altria Group Stock Dips on Decline in Cigarette Volumes
Altria Group, the maker of tobacco products, posts quarterly earnings in line with expectations.
Is Altria Group (MO) Stock Outpacing Its Consumer Staples Peers This Year?
Here is how Altria (MO) and Simply Good Foods (SMPL) have performed compared to their sector so far this year.
