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Altria Group’s Quarterly Earnings Preview: What You Need to Know![]() Valued at $97.3 billion by market cap, Altria Group, Inc. (MO) operates as a tobacco company, offering a wide portfolio of leading tobacco products in the U.S. The Richmond, Virginia-based company owns several subsidiaries, manufacturing both combustible and smoke-free products. Altria Group is ready to release its second-quarter results before the markets open on Wednesday, July 30. Ahead of the event, analysts expect MO to report an adjusted EPS of $1.36, up 3.8% from $1.31 reported in the year-ago quarter. While the company has surpassed Street’s bottom-line estimates in three of the past four quarters, it has missed the projections on another occasion. For fiscal 2025, MO is expected to deliver an adjusted EPS of $5.37, up 4.9% from $5.12 reported in fiscal 2024. ![]() Over the past 52 weeks, MO shares have climbed 24.8%, outperforming the S&P 500 Index’s ($SPX) 6.6% return and the Consumer Staples Select Sector SPDR Fund’s (XLP) 4.8% gains during the same time frame. ![]() MO shares fell sharply on July 9, dropping 4.1% by mid-afternoon despite broader market gains, as the S&P 500 rose 0.3%. The decline followed a bearish note from Jefferies, which initiated coverage with an "Underperform" rating and a $50 price target, citing concerns over Altria’s stretched valuation after its recent rally. The consensus view on Altria is neutral with a “Hold” rating overall. Out of the 14 analysts covering the MO stock, four recommend “Strong Buy,” eight advise “Hold,” one advocates a “Moderate Sell,” and the remaining analyst gives a “Strong Sell” rating. While the stock currently trades slightly above its mean price target of $58.50, the Street-high target of $65 represents an upswing potential of 11% from the current market prices On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. |
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