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 Wysłany: Czw 22:10, 21 Kwi 2011 Temat postu: Altria Reaffirms Guidance As Profit Rises 15% |
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Altria Reaffirms Guidance As Profit Rises 15%
Altria Group Inc. , producer of Marlboro cigarettes and Virginia cigarettes said Wednesday that its first-quarter net profit rose 15% to $937 million,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], or 45 cents a share,[link widoczny dla zalogowanych], from $813 million,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], or 39 cents a share, a year earlier. Revenue for the quarter slipped 2% to $5.64 billion as cigarette volumes fell,[link widoczny dla zalogowanych], but the fall in revenue was more than offset by lower costs and excise taxes. Altria said adjusted earnings for the quarter were 44 cents a share.
Analysts polled by FactSet Research had been expecting earnings of 44 cents a share. Altria also reaffirmed its guidance for adjusted earnings of between $2.01 and $2.07 a share in 2011. Analysts had,[link widoczny dla zalogowanych], on average, been looking for 2011 earnings of $2.05 a share.
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