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Altria in post-employment swoon – Altria Group, Inc. (NYSE: MO)

The Altria (NYSE: MO) glass after Q1 results comes as expected. The outcome of the report was the 14.3% Y / Y decrease in cigarette volume. The cigar volume increased by 1.1% for the quarter. The company sees EPS at $ 4.15 to $ 4.17 compared to $ 4.22. In view of the industry as a whole, Altria lowers its estimate of volume growth within the total domestic cigarette industry's total volume growth to a range of -4% to -5%, mainly due to increased gas prices and other factors the company believes have affected adult tobacco users' behavior during the first quarter . Stocks of Altria are down 5.22% in premarket measure. Peer Philip Morris International (NYSE: PM) is down 1 .44% . Formerly: Altria lacks $ 0.03, lacks revenue (April 25)

The Altria (NYSE: MO) glass after Q1 results comes as expected.

The outcome of the report was the 14.3% Y / Y decrease in cigarette volume. The cigar volume increased by 1.1% for the quarter.

The company sees EPS at $ 4.15 to $ 4.17 compared to $ 4.22. In view of the industry as a whole, Altria lowers its estimate of volume growth within the total domestic cigarette industry’s total volume growth to a range of -4% to -5%, mainly due to increased gas prices and other factors the company believes have affected adult tobacco users’ behavior during the first quarter .

Stocks of Altria are down 5.22% in premarket measure. Peer Philip Morris International (NYSE: PM) is down 1

.44% .

Formerly: Altria lacks $ 0.03, lacks revenue (April 25)

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