Altria press release (NYSE:MO): Q2 Non-GAAP EPS of $1.44 beats by $0.06.
Revenue of $6.1B (-1.8% Y/Y) beats by $910M.
Net revenues decreased 1.7% to $6.1 billion, primarily driven by lower net revenues in the smokeable products segment, partially offset by higher net revenues in the oral tobacco products segment. Revenues net of excise taxes increased 0.2% to $5.3 billion.
“We are raising the lower-end of our 2025 full-year guidance and now expect to deliver adjusted diluted EPS in a range of $5.35 to $5.45 vs $5.38 consensus. This range represents a growth rate of 3.0% to 5.0% from a base of $5.19 in 2024.”
