Altria Group, Inc.: Beat — EPS $1.52, Revenue $6.13B
Earnings BeatQ3 2026 · Pre-market
Did Altria Group, Inc. (MO) beat earnings today?
Yes, Altria Group, Inc. (MO) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+0.66% surprise
$1.52Actual
Expected: $1.51
vs. year ago +4.8%
Total Revenue+15.48% surprise
$6.13BActual
Expected: $5.31B
vs. year ago +1.0%
Released Oct 29 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Net revenues | $6.13B | $6.07B | +1.0 |
| Revenue detail — reported lines | |||
| └─Smokeable products | $5.43B | $5.39B | +0.8 |
| └─Oral tobacco products | $688.00M | $689.00M | -0.1 |
| └─All Other | $12.00M | $(4)M | +100 |
| GAAP Diluted EPS | $1.51 | $1.41 | +7.1 |
| Adjusted Diluted EPS | $1.52 | $1.45 | +4.8 |
| Net Earnings | $2.51B | $2.38B | +5.9 |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY 2026 Outlook |
|---|---|---|
| Adjusted Diluted EPS | — | $5.66-$5.74 (+4.5-6.0% YoY) |
Business Highlights
- ➤Repurchased 5.9 million shares for a total cost of $400 million.
- ➤Board authorized a $1 billion expansion of the share repurchase program.
- ➤Share repurchase program now expires December 31, 2027.
- ➤Board increased the regular quarterly dividend by 4.7%, its 61st increase in 57 years.
- ➤Helix introduced Blueberry Mint and Mango Pineapple on! PLUS flavor extensions at retail.
- ➤New on! PLUS flavors span 6-, 9- and 12-milligram nicotine strengths.
- ➤Helix plans a Watermelon Mint on! PLUS expansion in select retail locations.
- ➤PM USA used its data-driven total portfolio approach; Cowboy Cut strengthened Marlboro’s premium position.
- ➤Basic continued gaining share in the discount segment.
Management Commentary
Sal Mancuso, Chief Executive Officer
“Altria delivered strong financial performance in the third quarter, growing adjusted diluted earnings per share by 4.8%, while continuing to invest in our Vision and building on our foundation for the future.”
Sal Mancuso, Chief Executive Officer
“In smokeable products, PM USA grew operating companies income through its data-driven, total portfolio approach, with Cowboy Cut strengthening Marlboro’s premium position and Basic continuing to gain share in discount. In smoke-free, Helix made meaningful progress by expanding on! PLUS 12-milligram nationwide, investing in brand-building initiatives and preparing for its next wave of innovation, which is now underway with the introduction of Blueberry Mint and Mango Pineapple flavor extensions at retail.”
Sal Mancuso, Chief Executive Officer
“Our highly cash-generative businesses supported significant returns to shareholders through dividends and share repurchases, while we continued to invest in support of our Vision. In August, we announced our 61(st) dividend increase in 57 years, and our Board of Directors (Board) recently authorized a $1 billion expansion of our existing share repurchase program.”
Sal Mancuso, Chief Executive Officer
“Our strong performance through the first nine months and confidence in our full-year plan allowed us to raise our earnings guidance for the year. We now expect to deliver adjusted diluted EPS in a range of $5.66 to $5.74, representing a growth rate of 4.5% to 6.0% from a base of $5.42 in 2025.”