HENRICO COUNTY (dpa-AFX) - Altria Group Inc. (MO) reported earnings for its first quarter that rose from last year.
The company said its bottom line came in at $1.41 billion, or $0.72 per share. This was higher than $1.25 billion, or $0.63 per share, in last year's first quarter.
Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.7% to $6.07 billion. This was up from $5.80 billion last year.
Altria Group Inc. earnings at a glance:
-Earnings (Q1): $1.41 Bln. vs. $1.25 Bln. last year. -Earnings Growth (Y-o-Y): 12.8% -EPS (Q1): $0.72 vs. $0.63 last year. -EPS Growth (Y-o-Y): 14.3% -Analysts Estimate: $0.68 -Revenue (Q1): $6.07 Bln vs. $5.80 Bln last year. -Revenue Change (Y-o-Y): 4.7%
-Guidance: Full year EPS guidance: $3.00 - $3.05
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