Earnings ·
Altria raises 2026 adjusted EPS guidance to $5.66-$5.74 and expands share repurchase program by $1 billion
MOAltria Group, Inc.
Altria Group reported third-quarter adjusted diluted earnings per share of $1.52, a 4.8% increase from the prior year period, driven by higher pricing in its smokeable products segment. The company raised its full-year 2026 adjusted diluted EPS guidance to a range of $5.66 to $5.74, representing growth of 4.5% to 6.0%. Additionally, Altria's Board authorized a $1 billion expansion of its existing share repurchase program, which now expires on December 31, 2027. The company operates in the tobacco and nicotine products industry.