Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Altria Group    MO

ALTRIA GROUP (MO)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe BZX - 04/20 02:31:28 pm
57.71 USD   -0.12%
08:49aPHILIP MORRIS I : Results Sink Tobacco Shares -- WSJ
DJ
04/12ALTRIA : to Host Webcast of 2018 First-Quarter Results
BU
04/02S&P 500 ANALYST : Mo
AQ
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Altria Group, Inc. : Altria 1Q Net Up 3.8% As Cost Controls Offset Weaker Volume

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2012 | 01:48pm CEST

Altria Group Inc.'s (MO) first-quarter profit rose 3.8% as cost controls helped offset weaker cigarette volumes.

Altria, the maker of Marlboro and other cigarette brands, has continued to benefit from growing interest in smokeless tobacco products such as Copenhagen, while sales of its cigarettes have been mixed. The company has posted mixed earnings over the past year after one-time charges masked its revenue growth.

The company is meanwhile undergoing a transition after Chairman and Chief Executive Michael Szymanczyk disclosed plans to retire in May. Vice Chairman Martin J. Barrington is slated to succeed him.

Altria reported a profit of $973 million, or 48 cents a share, up from $937 million, or 45 cents a share, a year earlier. Excluding write-downs, tax-related items and other adjustments, per-share earnings rose to 49 cents from 44 cents.

Revenue edged up 0.1% to $5.65 billion and grew 1.3% to $3.99 billion excluding excise taxes.

Analysts polled by Thomson Reuters expected a 49-cent per-share profit on $4.01 billion of revenue, excluding excise taxes.

Gross margin widened to 39% from 38.1%, an improvement the company attributed to effective cost management.

Revenue from smokeable products fell 0.8% on lower volumes and higher promotional activity for some brands, though operating earnings rose 5.1%. Smokeless product revenue edged up 0.3% as higher pricing, though earnings in the business slipped.

The company's volume of Marlboro cigarettes fell 3.4%, while other premium-cigarette volume dropped 9.5%. Discount-cigarette volume jumped 18%.

Shares of Altria, which affirmed its full-year guidance, closed at $31.69 Wednesday and were lightly traded premarket. The stock has climbed 21% over the past year.

-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALTRIA GROUP
08:49aPHILIP MORRIS INTERNATIONAL : Results Sink Tobacco Shares -- WSJ
DJ
04/12ALTRIA : to Host Webcast of 2018 First-Quarter Results
BU
04/02S&P 500 ANALYST MOVES : Mo
AQ
03/20ALTRIA : U.S. Smokeless Tobacco Company Submits Modified Risk Tobacco Product Ap..
BU
03/19ALTRIA : Reasons to fire Assessor Berrios
AQ
03/15ALTRIA : Reasons to fire Assessor Berrios
AQ
03/15ALTRIA : FDA pushes to lower nicotine to 'minimally or non-addictive levels'
AQ
03/15ALTRIA : FDA begins push to cut addictive nicotine in cigarettes
AQ
03/15FDA Moves to Curb Nicotine in Cigarettes
DJ
03/15ALTRIA GROUP : Today’s Research Reports on Trending Tickers: Altria Group and Ph..
AC
More news
News from SeekingAlpha
04/19PHILIP MORRIS : 5% Yield After Massive Earnings Fall 
04/19CONSUMER - TOP GAINERS / LOSERS AS O : 00 pm (04/19/2018) 
04/19Philip Morris earnings roil tobacco sector 
04/18Tobacco Companies Might Be The Only Worthwhile Staples 
04/16Top Trade Review 
Financials ($)
Sales 2018 19 790 M
EBIT 2018 9 779 M
Net income 2018 7 209 M
Debt 2018 12 148 M
Yield 2018 5,12%
P/E ratio 2018 15,21
P/E ratio 2019 13,94
EV / Sales 2018 6,50x
EV / Sales 2019 6,34x
Capitalization 117 B
Chart ALTRIA GROUP
Duration : Period :
Altria Group Technical Analysis Chart | MO | US02209S1033 | 4-Traders
Technical analysis trends ALTRIA GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 74,8 $
Spread / Average Target 29%
EPS Revisions
Managers
NameTitle
Martin J. Barrington Chairman, President & Chief Executive Officer
Howard A. Willard Chief Operating Officer, Director & Executive VP
William F. Gifford Chief Financial Officer & Executive Vice President
George Muñoz Independent Director
Thomas F. Farrell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ALTRIA GROUP-19.09%116 509
JAPAN TOBACCO INC-18.61%55 025
ITC5.03%51 277
HANJAYA MANDALA SAMPOERNA TBK PT--.--%34 840
KT&G CORP--.--%12 942
GUDANG GARAM TBK PT--.--%10 664