Altria Group Inc
MO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| hVx | LOCK|q^ | LOCK|d!M |
Altria Earnings: Smokeable Decline Deceleration and Double-Duty Drawback Drive Strong Results
Altria's third-quarter adjusted diluted EPS grew 4.8% to $1.52, driven by 3.9% adjusted operating income growth in smokeable while oral tobacco fell 3.7%. The rate of premium cigarette volume decline continued to slow, with Marlboro down 6.4% compared to 7.6% in the first half.
