Altria Group Inc (MO)

[mbenson898]

$MO Altria Group Q3 Earnings snapshot

In the midst of rising concerns on regulatory challenges and the potential fallout for its core cigarette business, $MO posted higher earnings in 3Q17. Net income was $1.87 billion or $0.97 per share, on revenue of $6.73 billion.

Smokeable products segment net revenues declined by 2.8% from last year, as lower volume was partially offset by higher pricing.

Smokeless products segment net revenues increased 4.2%, primarily driven by higher pricing and lower promotional investments, partially offset by lower volume and unfavorable mix.

Graphics of the earnings at http://alphastreet.com/b465233c