MO · News · 20260808N
Guidance / Outlook
ALTRIA GROUP, INC. · 2026-08-08 · 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
- NewEdge Advisors LLC sold 25,469 shares of Altria, reducing its stake by 7.2% and still holds 329,804 shares valued at $21.8 million. source
- Altria's revenue increased by 1.2% year-over-year in the referenced quarter. source
- MRA Advisory Group purchased 29,199 shares of Altria valued at approximately $2.1 million. source
- Altria's quarterly EPS was $1.48, slightly missing estimates. source
- Institutional investors collectively own 57.41% of Altria's stock (reported in filings summaries). source