Altria Group Inc
MO: XNYS (USA)
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Altria Earnings: Shares Fall on Declining Premium Cigarette Volume and Middling On Growth
Altria's third-quarter adjusted earnings per share rose 3.6% to $1.45, a slowdown from 7.2% in the first half. Smokeable adjusted operating income, which grew just 0.7% (versus 3.5%), and a decline in oral tobacco adjusted operating income of 0.8% (versus 10.9% growth) drove the deceleration.
