Altria Group Inc
MO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Cs> | LOCK|&%s | LOCK|fYS |
Altria Earnings: Combustibles Downtrading and Disappointing On! Performance Weigh on Results
Altria's second-quarter adjusted diluted EPS grew 2.8% to $1.48, driven by 2.4% adjusted operating income growth in smokeable products while oral tobacco fell 8%. Premium cigarette volume decline continued to decelerate, with Marlboro down 7.4% compared with 7.8% in the first quarter.
