Altria Reports Strong Q1 Earnings, Shares Rise
Altria Group (MO) reported higher-than-expected first-quarter earnings, driven by price increases and growth in its oral tobacco products. Shares rose 6.53% following the results. The company's revenue net of excise taxes increased 5.3% year-over-year to $4.8 billion.
Tickers: $MO
Topics: Cigarette Industry Dividend Yield Earnings Profit Growth Stock Performance