Altria: 4Q Earnings Snapshot
RICHMOND, Va. (AP) - Altria Group (MO) on Thursday reported fourth-quarter earnings of $1.25 billion.
On a per-share basis, the Richmond, Virginia-based company said it had profit of 66 cents. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 95 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.