Tobacco giant Altria's stock rallies on Q3 revenue, profit beat

Yahoo Finance Video
9,775 次觀看・2 週前

Altria (MO) stock is climbing Thursday afternoon following stronger-than-expected third quarter results. The parent company of Philip Morris USA — which owns and manufactures Marlboro cigarettes — reported revenue of $5.34 billion, surpassing estimates of $5.30 billion. Adjusted earnings per share (EPS) reached $1.38, exceeding the projected $1.35.

Market Domination hosts Alexandra Canal and Josh Lipton dive into the key metrics of the report, discussing the rise in demand for smoke-free products.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Angel Smith