Shares of Altria Group dipped 0.3% to $52.51. The cigarette manufacturer reported earnings of $1.29 a share on revenue of $5.1 billion, in line with FactSet consensus estimates. F

Altria Group reported a double beat in Q4, driven by strong growth from its on! brand. Read more to see why I remain bullish on MO stock.

Good day, and welcome to the Altria Group 2024 fourth quarter and full year earnings conference call. [Operator instructions] I would now like to turn the call over to Mac Livingston, vice president of investor relations for Altria Client Services. Please go ahead, sir.

Juul Labs’ Chief Legal Officer says ruling sends a ‘clear message that this freeriding violates U.S. law and American innovation will be

Q4 earnings were marginally ahead of consensus, the quality of delivery is low. Altria’s Q4 US combustible volume decline of 8.8% was slightly better, but a further acceleration in discount share and bigger losses in the NJOY division meant overall group operating profit was 1% below Street estimates,

The cigarette giant beat expectations for the fourth quarter by a slender margin, but saw growth in its smoke-free product segments.

Altria (NYSE: MO) and Costco (NASDAQ: COST) are pretty different companies, but they share a subtle similarity. What does Altria do? Altria's biggest business is selling high-end cigarettes under the iconic Marlboro brand.

Altria profit rose in the fourth quarter, with revenue flat as lower smokeable-product sales were offset by higher oral-tobacco revenue. The maker of Marlboro cigarettes reported on Thursday a profit of $3.04 billion, or $1.79 a share, up from $2.06 billion, or $1.16 a share, in the year-prior period.

The stock's fall snapped a three-day winning streak.

Altria remains positioned to generate $8.3 billion in attributable cash flow, likely sustaining a highly attractive ~10% shareholder yield. Learn more on MO stock here.

HOUSTON-- ( BUSINESS WIRE )--Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”) announced today that Mr. Max Yzaguirre has been named as an independent member of the Company’s Board of Directors (the “Board”), effective January 30, 2025. With the addition of Mr. Yzaguirre, the Board is now composed of 10 members.