Altria: Q3 beats consensus
(CercleFinance.com) - Altria Group has reported Q3 adjusted EPS that it up 10.
2% at 1.19 dollar, four cents above the consensus, for sales that are virtually flat (+0.3%) at 6.86 billion dollars (+2.3% net of tax and duties).
The tobacco giant, whose brands include Philip Morris (US), confirms a target of FY 2019 adjusted EPS of between 4.19 dollars and 4.27 dollars.
In addition, Altria says that it is aiming for annual growth of 5-8% in adjusted EPS for 2020 to 2022, with a new target range replacing its long-term growth forecast of 7% to 9% p.a.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
2% at 1.19 dollar, four cents above the consensus, for sales that are virtually flat (+0.3%) at 6.86 billion dollars (+2.3% net of tax and duties).
The tobacco giant, whose brands include Philip Morris (US), confirms a target of FY 2019 adjusted EPS of between 4.19 dollars and 4.27 dollars.
In addition, Altria says that it is aiming for annual growth of 5-8% in adjusted EPS for 2020 to 2022, with a new target range replacing its long-term growth forecast of 7% to 9% p.a.
Copyright (c) 2019 CercleFinance.com. All rights reserved.