Altria Misses Q2 Estimates but Raises 2026 Earnings Floor

Earnings

โดย Zacks Investment Research·

Summary · why it matters

Altria Group missed second-quarter consensus expectations but raised the low end of its 2026 earnings guidance. Adjusted earnings rose 2.8% to $1.48 per share, below the $1.50 consensus, while net revenues edged up 0.1% to $6.11 billion. Management narrowed 2026 adjusted earnings guidance to $5.61 to $5.72 per share from $5.56 to $5.72, lifting the lower end by 5 cents and implying 3.5% to 5.5% growth from 2025's $5.42. Smokeable price realization was 4.5% and adjusted smokeable operating income rose 2.4% to $3.02 billion, but domestic cigarette shipment volume fell 3.2% and oral tobacco operating income declined 8%. Capital expenditure expectations increased to $375 million to $450 million from $300 million to $375 million.

Altria Group ±