Altria FY26 Q2 net earnings fall 3.4% to USD 2.3 billion; net revenues hold at USD 6.11 billion - MO News | RalliesAltria FY26 Q2 net earnings fall 3.4% to USD 2.3 billion; net revenues hold at USD 6.11 billion
M
MO• Segment results and shipment volumes
- Smokeable segment GAAP operating companies income edged up 0.4% to USD 2.94 billion; domestic cigarette shipments fell 3.2% to 15,554 million sticks.
- Oral tobacco GAAP operating companies income dropped 23.5% to USD 381 million, with shipment volume down 8.5% to 182 million cans.
Altria reports lower quarterly earnings with flat revenue
- Altria posted GAAP net earnings of USD 2.3 billion, down 3.4%, with diluted EPS of USD 1.37, down 2.8%.
- GAAP operating income fell 2.9% to USD 3.14 billion, while net revenues were essentially unchanged at USD 6.11 billion.
- Non-GAAP adjusted net earnings rose 1.9% to USD 2.48 billion, lifting adjusted diluted EPS 2.8% to USD 1.48.
CRS
•