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Tobacco Firm Altria Stock Falls After Missing Profit Estimates

Tobacco Firm Altria Stock Falls After Missing Profit Estimates

Chrys Hendricks by Chrys Hendricks
October 27, 2022
in Business
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Altria stock fell after it missed profit expectations for the third quarter.

The maker of Marlboro cigarettes delivered $1.28 in earnings per share, lower than the consensus among analysts tracked by


FactSet


for $1.30 per share. Net of excise taxes revenue was $5.4 billion. Analysts were looking for $5.59 billion.

Chrys Hendricks

Chrys Hendricks

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