1-31-13 7:28 AM EST
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NEW YORK (MarketWatch) - Altria Group Inc.'s MO fourth-quarter profit rose to $1.1 billion, or 55 cents a share, from $836 million, or 41 cents a share. Adjusted earnings in the latest quarter totaled 55 cents a share. The Richmond, Va.-based maker of Marlboro cigarettes said quarterly net revenue was $6.2 billion compared with $6.1 billion. Analysts polled by Factset had expected earnings of 54 cents a share. "Despite a continuing, challenging external environment, our tobacco operating companies' premium brands had an excellent year as our companies continued investing in their long-term success," said Marty Barrington, chief executive officer. Altria said its 2013 annual diluted earnings per share will be between $2.34 and $2.40.
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