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Altria announced earnings per share of $1.22 on revenue of $5.53B. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $5.87B.
Altria shares are down 6% from the beginning of the year, still down 9.68% from its 52 week high of $52.59 set on March 26. They are under-performing the Nasdaq which is up 18.21% from the start of the year.
Altria’s report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.
Coca-Cola had beat expectations on Wednesday with third quarter EPS of $0.65 on revenue of $10.04B, compared to forecast for EPS of $0.577 on revenue of $9.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
