Altria Group Inc (MO)

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Altria Group, Inc. (NYSE:MO) Expected to Post Quarterly Sales of $4.94 Billion
By: MarketBeat | February 19, 2021

Equities research analysts expect Altria Group, Inc. (NYSE:MO) to post $4.94 billion in sales for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Altria Group's earnings, with the highest sales estimate coming in at $5.09 billion and the lowest estimate coming in at $4.84 billion. Altria Group reported sales of $5.05 billion during the same quarter last year, which indicates a negative year over year growth rate of 2.2%. The company is scheduled to report its next earnings results on Thursday, April 29th.

On average, analysts expect that Altria Group will report full-year sales of $21.41 billion for the current year, with estimates ranging from $21.09 billion to $21.88 billion. For the next financial year, analysts forecast that the business will report sales of $21.93 billion, with estimates ranging from $20.95 billion to $23.41 billion. Zacks' sales calculations are a mean average based on a survey of sell-side research analysts that follow Altria Group.

Altria Group (NYSE:MO) last posted its quarterly earnings data on Wednesday, January 27th. The company reported $0.99 earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by ($0.03). The company had revenue of $5.06 billion for the quarter, compared to analysts' expectations of $4.95 billion. Altria Group had a return on equity of 148.93% and a net margin of 2.84%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.02 EPS.

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