<< Read Full Article
<< Read Full Article
Altria (MO Quote) said Thursday that its fourth-quarter earnings dropped from a year ago, but its adjusted profit matched Wall Street's consensus forecast.
For the quarter, the Richmond, Va., tobacco company earned $679 million, or 33 cents a share, down from $2.19 billion, or $1.04 a share, in the year-ago period. Last year's quarter included a gain of 65 cents a share from discontinued operations.
Excluding charges and items, Altria would have earned 37 cents in the latest quarter, vs. 35 cents in the fourth quarter of 2007, meeting the estimate carried by Thomson Reuters. Revenue rose 2.8% to $4.65 billion. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,501.05 | 1,114.11 | 2,212.10 | 35.46 |
Oil *
71.84
|
|
UP
29.55
|
UP
7.70
|
UP
21.79
|
UP
0.06
|
10 Yr
3.55%
SPDR Gold
110.24
|
|
+0.28%
|
+0.70%
|
+0.99%
|
+0.17%
|
Data delayed 20 minutes |
Connect with TheStreet