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

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

Delayed Quote. Delayed  - 08/30 04:46:21 pm
65.95 USD   -0.23%
08/26 DAILY DIVIDEND : Mo, tfsl, acet, pxd, wm, hum, eix, ppl, mos, hrb
08/26DJAB InBev Warns of Thousands of Merger-Related Job Losses
08/25 ALTRIA : Increases Quarterly Dividend by 8.0% to $0.61 per Common Sh..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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; Andrew.FitzGerald@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALTRIA GROUP INC
08/26 DAILY DIVIDEND REPORT : Mo, tfsl, acet, pxd, wm, hum, eix, ppl, mos, hrb
08/26DJAB InBev Warns of Thousands of Merger-Related Job Losses
08/25 ALTRIA : Increases Quarterly Dividend by 8.0% to $0.61 per Common Share
08/24 HC postpones SABMiller judgment on divided shareholder ballot for Anheuser-Bu..
08/24 ALTRIA : to Host Webcast from the Barclays Global Consumer Staples Conference
08/24 Voters split
08/24 Megabrew fizzes along as High Court rules SAB can split vote
08/23DJSABMiller Says U.K. Court Agrees Largest Shareholders Can Be Separate Class
08/23 SABMiller gets ready for HC verdict on divided Anheuser-Busch InBev takeover ..
08/23DJCourt Lets SABMiller Treat Biggest Shareholders as Separate Class in Takeover..
More news
Sector news : Cigars & Cigarette Manufacturing
08/18 FTSE edges up, helped by miner rally
07/28DJBRITISH AMERICAN TOBACCO : BAT Sees Year of Good Earnings Growth--2nd Update
07/28DJBAT Sees Year of Good Earnings Growth
07/28DJBRITISH AMERICAN TOBACCO : BAT Sees Year of Good Earnings Growth -- Update
07/28 BRITISH AMERICAN TOBACCO : sales rise
More sector news : Cigars & Cigarette Manufacturing
News from SeekingAlpha
09:30a Inhale 8% Higher Dividends Paid On Fewer Altria Shares
08:00a ONE-TIME CASH INFUSION : How I'm Handling It
08/29 Minesweeping Your Portfolio
08/29 Altria Raises Dividend, But What's Next?
08/26 GET OVER YOUR TRAUMA : Dial Up Strong Dividend Growth With This Telco
Advertisement
Financials ($)
Sales 2016 19 368 M
EBIT 2016 9 147 M
Net income 2016 5 953 M
Debt 2016 9 586 M
Yield 2016 3,59%
P/E ratio 2016 22,01
P/E ratio 2017 19,87
EV / Sales 2016 7,16x
EV / Sales 2017 6,97x
Capitalization 129 150 M
More Financials
Chart ALTRIA GROUP INC
Duration : Period :
Altria Group Inc Technical Analysis Chart | MO | US02209S1033 | 4-Traders
Full-screen chart
Technical analysis trends ALTRIA GROUP INC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 69,3 $
Spread / Average Target 4,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Martin J. Barrington Chairman, President & Chief Executive Officer
Howard A. Willard Chief Operating Officer & Executive Vice President
William F. Gifford Chief Financial Officer
James E. Dillard Chief Innovations Officer & SVP-Regulatory Affairs
Thomas Wade Jones Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALTRIA GROUP INC13.55%129 150
JAPAN TOBACCO INC-13.88%75 378
ITC LTD15.63%45 594
HANJAYA MANDALA SAMPOE..--.--%35 768
KT&G CORP--.--%14 483
GUDANG GARAM TBK PT--.--%9 365
More Results