Altria ( (MO) ) has released its Q3 earnings. Here is a breakdown of the information Altria presented to its investors.
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Altria Group, Inc., a prominent player in the tobacco industry, is known for its diverse portfolio of tobacco products, including both combustible and smoke-free offerings, as well as its strategic investments in related sectors. The company recently released its third-quarter and nine-month financial results for 2025, highlighting a narrowed full-year earnings guidance and an expanded share repurchase program.
Altria reported a 3.0% decrease in net revenues for the third quarter, amounting to $6.1 billion, primarily due to declines in its smokeable and oral tobacco products segments. Despite this, the company achieved a 5.2% increase in reported diluted earnings per share (EPS) to $1.41, driven by higher operating income and fewer shares outstanding. The adjusted diluted EPS also saw a rise of 3.6% to $1.45. For the first nine months, net revenues fell by 3.4% to $17.4 billion, while adjusted diluted EPS grew by 5.9% to $4.12.
Strategically, Altria is advancing its smoke-free portfolio, with new product launches like on! PLUS and regulatory submissions for Ploom and Marlboro heated tobacco sticks. The company also announced a non-binding Global Collaboration Memorandum of Understanding with KT&G Corporation to explore growth opportunities in modern oral nicotine products and non-nicotine innovations.
Looking ahead, Altria has narrowed its full-year adjusted diluted EPS guidance to a range of $5.37 to $5.45, reflecting a growth rate of 3.5% to 5.0% from the previous year. The company remains focused on its long-term vision of transitioning to a smoke-free future while navigating a dynamic external environment, including economic conditions and regulatory developments.