Altria Group narrows FY25 adjusted EPS view to $5.37-$5.45 from $5.35-$5.45

Consensus $5.44. The company said, “We narrow our guidance for 2025 full-year adjusted diluted EPS to be in a range of $5.37 to $5.45, representing a growth rate of 3.5% to 5.0% from a base of $5.19 in 2024. We expect EPS growth to moderate in the fourth quarter as we lap the lower share count associated with the 2024 accelerated share repurchase program completion and the benefit of the Master Settlement Agreement legal fund expiration. Our guidance contemplates the current estimated impact of increased tariffs on our costs, based on presently available information. In addition, our guidance assumes limited impact on combustible and e-vapor product volumes from enforcement efforts against products that have evaded the regulatory process and that NJOY ACE does not return to the marketplace this year. The guidance range also includes the reinvestment of anticipated cost savings related to our previously announced Optimize & Accelerate initiative and lower expected net periodic benefit income.”