Altria Group is a leading company in the tobacco and consumer goods industry, primarily known for its extensive portfolio of cigarette brands, including Marlboro
The company engages in the manufacture, marketing, and sale of various tobacco products and related offerings. Beyond traditional tobacco, Altria has been expanding its focus on smoke-free alternatives, such as e-vapor products and heated tobacco devices, as part of its strategy to adapt to changing consumer preferences and regulatory landscapes. Additionally, Altria is involved in wine production and has made investments in cannabis and other non-tobacco businesses, reflecting a commitment to diversifying its product range and engaging with emerging markets.
Tobacco company Altria (NYSEMO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 1.6% year on year to $5.11 billion. Its non-GAAP profit of $1.29 per share was 0.8% above analysts’ consensus estimates.
Altria's Q4 earnings matched expectations, with a $1 billion share buyback authorized and strong sales growth, while projecting modest 2025 EPS growth of 2-5%.
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Altria Group, Inc. (NYSEMO) today reports our 2024 fourth-quarter and full-year business results and provides our guidance for 2025 full-year adjusted diluted earnings per share (EPS).
The S&P 500 index has done well over the years. Companies like Walgreens, Pfizer, and Ford are high-yielding. Other high-yielding S&P 500 index stocks are Altria and Franklin Resources.
Income investors looking for a high dividend stock for 2025 should consider Altria Group Inc. The company has a long history of reliable dividend hikes.
When you think of the market's biggest winners over the last 100 years, would you have ever guessed the trio would include a tobacco company, an asphalt company, and a railroad?
Altria Group, Inc. (Altria) (NYSEMO) will host a live audio webcast on Thursday, January 30, 2025, at 9:00 a.m. Eastern Time to discuss its 2024 fourth-quarter and full-year business results. Altria will issue a press release containing its business results at approximately 7:00 a.m. Eastern Time the same day. The webcast can be accessed at altria.com.
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