💨 Abstract

Altria Group, the parent company of Philip Morris USA, reported first-quarter earnings of $1.08 billion, exceeding analyst expectations with an adjusted earnings per share of $1.23. Despite revenue of $5.26 billion, the adjusted revenue fell short of forecasts at $4.52 billion. The company expects full-year earnings to range between $5.30 and $5.45 per share.

Courtesy: wtop.com

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