Altria Reaffirms Guidance, 3-Year EPS Growth Target
Altria (NYSE: MO) is apparently on track to hit its profitability targets. The cigarette company on Wednesday affirmed its current goal for per-share net profit growth, as well as its profitability guidance for the current fiscal year.
The sprawling tobacco giant said its previously announced target range of 4% of 7% annual growth in non-GAAP (adjusted) diluted earnings per share (EPS) for the fiscal years 2020 to 2022 is being maintained. In Altria's most recently reported quarter, it delivered 7.4% year-over-year growth in the metric.
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Source Fool.com
