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Altria Group, Inc. Reports $11.3 Billion Quarterly Profit
By USinMinutes - Jan 30, 2025, 07:04 AM ET
Last Updated - Jan 30, 2025, 07:08 AM EST
The company records $24 billion revenue for Q4 ended Dec 31, 2024
ALTRIA GROUP, INC. [MO] reported $11.3 billion profit for Q4 ended Dec 31, 2024, showing an increase of $3.1 billion.
The company revealed in its 8-K filing to the SEC dated Jan 30, 2025 that it generated revenue of $24 billion for the period, showing an increase of $465 million from the last quarter.
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Based in Richmond, Virginia, the company reported $6.5 earnings per share for the period, compared to $4.6 in the last quarter.
The company's profit increased by 38.5% from $8.1 billion in the last quarter.
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The revenue increased 1.9% from $24.5 billion in the same quarter of the previous year.
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