Altria Group Inc Issues FY 2012 EPS Guidance In Line With Analysts' Estimates

Altria Group Inc announced that for fiscal 2012, it expects diluted earnings per share (EPS) to be in the range of $2.14-$2.20. The forecast includes estimated charges of $0.03 per share related to asset impairment, exit, integration and implementation costs primarily related to the cost reduction program announced in October 2011, and estimated charges related to SABMiller special items and expects adjusted diluted EPS which excludes special items will be in the range of $2.17-$2.23. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $2.19 for fiscal 2012.