Altria reported strong financial performance and growth in smoke-free products, but faced significant challenges from the illicit e-vapor market and regulatory issues, affecting its long-term goals.

Company Guidance

In the Altria Group's 2024 Fourth Quarter and Full Year Earnings Conference Call, CEO Billy Gifford highlighted several key financial metrics and strategic initiatives. Altria achieved a 3.4% growth in adjusted diluted earnings per share for the full year, delivering over $10.2 billion in dividends and share repurchases to shareholders. The smoke-free product portfolio saw significant progress, with NJOY's consumables shipment volume growing by more than 15% to 12.8 million units in the fourth quarter and a full-year volume of 46.6 million units. NJOY's retail share of consumables reached 6.4 share points, increasing by 2.8 share points from the previous year. In the oral tobacco category, on! nicotine pouches achieved a 44% year-over-year shipment volume increase to nearly 44 million cans in the fourth quarter, capturing an 8.9% share of the category. Looking ahead, Altria provided 2025 guidance with an expected adjusted diluted EPS growth rate of 2% to 5%, reflecting a range of $5.22 to $5.37, amidst a dynamic external environment.

Strong Financial Performance and Shareholder Returns

Altria grew adjusted diluted earnings per share by 3.4% for the full year and returned over $10.2 billion to shareholders through dividends and share repurchases in 2024.

Growth in Smoke-Free Products

NJOY and on! demonstrated volume and share growth, with NJOY consumables shipment volume growing over 15% in Q4. Helix's on! achieved profitability ahead of its 2025 goal.

Expansion in the Oral Tobacco Category

Oral nicotine pouches grew 9.6 share points versus the prior year, with on! shipment volume increasing by more than 44% year-over-year in Q4.

New Share Repurchase Program

Altria's board authorized a new $1 billion share repurchase program for 2025.

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Altria Group (MO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 29, 2025	2025 (Q1)	1.19 / -	1.15	―	―	―
Jan 30, 2025	2024 (Q4)	1.28 / 1.29	1.18	9.32% (+0.11)
Oct 31, 2024	2024 (Q3)	1.35 / 1.38	1.28	7.81% (+0.10)
Jul 31, 2024	2024 (Q2)	1.34 / 1.31	1.31	0.00% (0.00)
Apr 25, 2024	2024 (Q1)	1.15 / 1.15	1.18	-2.54% (-0.03)
Feb 01, 2024	2023 (Q4)	1.18 / 1.18	1.18	0.00% (0.00)
Oct 26, 2023	2023 (Q3)	1.29 / 1.28	1.28	0.00% (0.00)
Aug 01, 2023	2023 (Q2)	1.30 / 1.31	1.26	3.97% (+0.05)
Apr 27, 2023	2023 (Q1)	1.18 / 1.18	1.12	5.36% (+0.06)	―
Feb 01, 2023	2022 (Q4)	1.17 / 1.18	1.09	8.26% (+0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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MO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 30, 2025	$52.66	$51.54	-2.13%
Oct 31, 2024	$49.54	$53.42	+7.83%
Jul 31, 2024	$48.63	$47.15	-3.04%
Apr 25, 2024	$40.40	$40.99	+1.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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