Altria raises 2026 earnings guidance and expands buyback by $1 billion
Filed with the SEC on · Summarized by InvestorsBot
Altria reported third-quarter 2026 net revenue of $6.13 billion and adjusted diluted EPS of $1.52, up 1.0% and 4.8% year over year, respectively. The company raised its 2026 adjusted EPS guidance to $5.66-$5.74 from a 2025 base of $5.42 and authorized a $1 billion expansion of its share repurchase program, which expires December 31, 2027; Altria repurchased $735 million of stock through the first nine months.