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Altria Group Inc (MO)

MO on New York Consolidated

73.65USD
21 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Altria Group Q2 adj earnings per share $0.81 excluding items
Wednesday, 27 Jul 2016 07:00am EDT 

Altria Reports 2016 Second : Altria estimates total pre-tax restructuring charges in connection with initiative of approximately $140 million . FY2016 earnings per share view $3.06 -- Thomson Reuters I/B/E/S . Quarter and first-half results; raises full-year earnings guidance . Q2 adjusted earnings per share $0.81 excluding items . Q2 earnings per share $0.84 . Q2 revenue $6.5 billion . Q2 revenue view $5.01 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Continues to expect that its 2016 full-year effective tax rate on operations will be approximately 35.3%. . Altria raises its guidance for 2016 full-year adjusted diluted EPS to a range of $3.01 to $3.07 .During h1 2016, Altria recorded pre-tax charges of $124 million and expects remaining charges to be incurred during balance of 2016.  Full Article

Altria Declares Regular Quarterly Dividend of $0.565 per Common Share
Thursday, 25 Feb 2016 09:15am EST 

Altria Group, Inc:declared a regular quarterly dividend of $0.565 per common share.payable on April 11, 2016, to shareholders of record as of March 15, 2016.The ex-dividend date is March 11, 2016.  Full Article

Altria Group Inc Reaffirms FY 2016 Adjusted Diluted EPS Guidance
Wednesday, 17 Feb 2016 08:00am EST 

Altria Group Inc:Reaffirms Fy 2016 full-year guidance for adjusted diluted earnings per share (EPS) to be in a range of $3.00 to $3.05.FY 2016 SHR VIEW $3.04 -- THOMSON REUTERS I/B/E/S.  Full Article

Altria Group Inc gives FY 2016 EPS guidance in line with analysts' estimates
Thursday, 28 Jan 2016 07:00am EST 

Altria Group Inc:Forecasts FY 2016 adjusted diluted EPS to be in a range of $3.00 to $3.05, which excludes the restructuring charges (about $0.05 per share).FY 2016 EPS of $3.05 - Thomson Reuters I/B/E/S.  Full Article

Altria Declares Regular Quarterly Dividend of $0.565 per Common Share
Wednesday, 9 Dec 2015 11:30am EST 

Altria Group, Inc:declared a regular quarterly dividend of $0.565 per common share.payable on January 11, 2016, to shareholders of record as of December 24, 2015. The ex-dividend date is December 22, 2015.  Full Article

Altria Group Inc reaffirms FY 2015 EPS guidance
Thursday, 29 Oct 2015 07:00am EDT 

Altria Group Inc:Reaffirms its guidance for FY 2015 adjusted diluted EPS, which excludes the special items recorded for the first nine months of 2015, to be in a range of $2.76 to $2.81.  Full Article

Altria Group Inc - Big tobacco settles decade-long dispute with New York - Reuters
Tuesday, 20 Oct 2015 02:09pm EDT 

Altria Group Inc:Big U.S. tobacco companies including Reynolds American Inc and Altria Group Inc agreed to pay New York $550 million, or 90 percent, of the amount kept in an escrow account, ending a decade-long dispute - RTRS.The dispute stems from disagreements over the enforcement of certain terms of a Master Settlement Agreement (MSA) - RTRS.Under the MSA, signed in 1998, tobacco companies had to make annual payments to U.S. states as compensation for medical costs related to smoking-related illnesses - RTRS.Reynolds American, Altria and other companies signed the MSA. But, under the terms, it was also agreed that companies that were not part of the MSA had to contribute to a reserve fund to be used by states to cover smoking-related costs - RTRS.However, in 2003, signatories to the MSA argued that some states, including New York, had failed to "diligently enforce" the collection of funds from non-participating companies - RTRS.Since then, the participating companies have withheld their own annual payments and put them in an escrow account, which totaled about $700 million for New York - RTRS.New York Attorney General Eric Schneiderman said on Tuesday that the state agreed to settle for the release of 90 percent of the withheld payments and assurances of continued annual payments under the MSA from now on.- RTRS.About half of the $550 million will go to New York state, a quarter to New York City and the rest to counties outside the city - RTRS.  Full Article

Altria Group, Inc declares dividend
Friday, 21 Aug 2015 11:01am EDT 

Altria Group, Inc:Increases quarterly dividend by 8.7% to $0.565 per common share.  Full Article

Altria Group, Inc raises FY 2015 adjusted diluted EPS guidance
Wednesday, 29 Jul 2015 07:00am EDT 

Altria Group, Inc:Says that it is raises its guidance for FY 2015 adjusted diluted EPS to a range of $2.76 to $2.81.  Full Article

Altria Group, Inc announces expansion of strategic framework with Philip Morris International
Thursday, 16 Jul 2015 09:00am EDT 

Altria Group, Inc:Announces expansion of strategic framework with Philip Morris International for e-vapor products.Expanding strategic framework with Philip Morris intl to include a joint research, development and technology-sharing agreement.Says Altria and Philip Morris International to collaborate to develop e-vapor products for commercialization in U.S by Altria.Altria and PMI will collaborate to develop e-vapor products for commercialization in the United States by Altria.  Full Article

More From Around the Web

Altria investigating if recalled tobacco products were tampered with

Altria Group Inc said on Friday it was working with authorities to investigate if the smokeless tobacco products it recalled earlier this week were tampered with.