Altria reported fourth-quarter net income of 1.12 billion dollars, or 66 cents per share. Adjusted earnings of 1.30 per share fell short of Wall Street expectations of 1.32 per share, though adjusted revenue of 5.08 billion exceeded forecasts. The company experienced declining cigarette sales volumes and lower-than-expected adjusted net income, primarily due to reduced cigarette sales and competition in the nicotine pouch market. Altria faces challenges from unauthorized disposable e-cigarettes and competition from Philip Morris International's Zyn pouches, despite its own FDA-authorized on! Plus pouches. The company took a significant charge on its vaping business, NJOY, after an import issue. Despite these headwinds, Altria forecast full-year 2026 profit above analyst estimates, supported by price hikes for cigarette and oral tobacco products. The company projects full-year earnings between 5.56 and 5.72 per share.
Read full analysisAltria reported fourth-quarter net income of 1.12 billion dollars, or 66 cents per share. Adjusted earnings of 1.30 per share fell short of Wall Street expectations of 1.32 per share, though adjusted revenue of 5.08 billion exceeded forecasts. The company experienced declining cigarette sales volumes and lower-than-expected adjusted net income, primarily due to reduced cigarette sales and competition in the nicotine pouch market. Altria faces challenges from unauthorized disposable e-cigarettes and competition from Philip Morris International's Zyn pouches, despite its own FDA-authorized on! Plus pouches. The company took a significant charge on its vaping business, NJOY, after an import issue. Despite these headwinds, Altria forecast full-year 2026 profit above analyst estimates, supported by price hikes for cigarette and oral tobacco products. The company projects full-year earnings between 5.56 and 5.72 per share.
Altria Group, Inc. (MO) is a publicly traded company in the Consumer Staples sector.