MO · News · 20260807N
Guidance / Outlook
ALTRIA GROUP, INC. · 2026-08-07 · Importance 51 · Surprise 60
Altria’s second-quarter 2026 revenue and earnings were reported below Wall Street consensus on July 30, 2026. The company lowered its full-year outlook after previously reaffirming adjusted diluted EPS guidance of $5.56 to $5.72 on April 30, 2026. The results and guidance reduction prompted multiple law-firm investigations into whether Altria adequately disclosed risks surrounding its smoke-free product strategy and FDA authorization expectations.
Key facts
- Assenagon Asset Management S.A. acquired an additional 3,511,430 shares of Altria in Q2 and now owns 3,606,561 shares valued at approximately $259.5 million, representing 0.22% of the company. source