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September 7, 2011
10:25 EDTMOAltria Group reaffirms earnings outlook for 2011
Altria reaffirmed its 2011 adjusted EPS outlook of $2.01-$2.07, representing a growth rate of 6%-9%, ahead of the company's presentation at the Barclays Capital Back-to-School Consumer Conference. Altria said that as previously disclosed, PM USA's 2011 first-half results benefited from the trade building cigarette inventory levels. The company believes the trade depleted these inventories in Q3, which will negatively impact PM USA’s third-quarter cigarette volume and income comparisons. Altria, therefore, expects its quarterly adjusted diluted EPS growth to be stronger in Q4 compared to Q4.
News For MO From The Last 14 Days
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February 10, 2016
13:48 EDTMOAltria says Massachusetts jury rejects claims in medical monitoring trial
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February 8, 2016
07:39 EDTMODiverse set of companies planning layoffs, pulling back spending, WSJ says
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January 28, 2016
07:05 EDTMOAltria Group sees FY16 adjusted EPS $3.00-$3.05, consensus $3.05
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07:03 EDTMOAltria Group reports Q4 adjusted EPS 67c, consensus 68c
Reports Q4 revenue net of excise taxes $4.73B, consensus $4.75B.

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