Altria (MO) got here out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.95 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 0.99%. 1 / 4 in the past, it was anticipated that this proprietor of Philip Morris USA, the nation’s largest cigarette maker would publish earnings of $1.14 per share when it really produced earnings of $1.08, delivering a shock of -5.26%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Altria, which belongs to the Zacks Tobacco business, posted revenues of $4.80 billion for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 1.94%. This compares to year-ago revenues of $4.79 billion. The corporate has topped consensus income estimates two occasions over the past 4 quarters.
The sustainability…