Altria beats quarterly profit estimates

Altria

30/04/2026 12:04

Corrects dateline

April 30 (Reuters) - Marlboro-maker Altria MO.N beat Wall Street expectations for first-quarter profit on Thursday, as higher prices and cost controls helped offset declining cigarette volumes and tougher competition in nicotine products.

Adjusted profit per share of $1.32 for the quarter beat estimates of $1.25, according to data compiled by LSEG.

 (Reporting by Neil J Kanatt in Bengaluru; Editing by Shreya Biswas)

 ((Neil.JKanatt@thomsonreuters.com))