Altria Earnings, Revenue beat in Q3


© Reuters. Altria Earnings, Revenue beat in Q3

Investing.com – Altria (NYSE:) reported on Friday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Altria announced earnings per share of $1.19 on revenue of $5.68B. Analysts polled by Investing.com anticipated EPS of $1.16 on revenue of $5.52B.

Altria shares are down 26% from the beginning of the year and are trading at $36.87 , down-from-52-week-high.They are under-performing the which is up 2.46% from the start of the year.

Altria follows other major Consumer/Non-Cyclical sector earnings this month

Altria’s report follows an earnings beat by Procter&Gamble on October 20, who reported EPS of $1.63 on revenue of $19.32B, compared to forecasts EPS of $1.42 on revenue of $18.38B.

Coca-Cola had beat expectations on October 22 with third quarter EPS of $0.55 on revenue of $8.7B, compared to forecast for EPS of $0.46 on revenue of $8.36B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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