Investing.com - Altria (NYSE:MO) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.08 on revenue of $5.29B. Analysts polled by Investing.com expected EPS of $1.07 on revenue of $5.22B. That compared to EPS of $0.9 on revenue of $6.73B in the same period a year earlier. The company had reported EPS of $1.01 on revenue of $4.88B in the previous quarter.
For the year, Altria shares are down 12.87%, under-performing the S&P 500 which is down 1.03% year to date.
Altria follows other major Consumer/Non-Cyclical sector earnings this month
On October 19, Procter&Gamble (NYSE:PG) reported first quarter EPS of $1.12 on revenue of $16.69B, compared to forecasts of EPS of $1.1 on revenue of $16.49B.
PepsiCo (NASDAQ:PEP) earnings beat analyst's expectations on October 2, with third quarter EPS of $1.59 on revenue of $16.49B. Investing.com analysts expected EPS of $1.57 on revenue of $16.37B
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