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Altria’s Stock Price Falls on Weak Cigarette Shipment Volume

Altria’s Stock Price Falls on Weak Cigarette Shipment Volume

Altria Group (MO) posted its 1Q18 earnings before the market opened yesterday. The company posted adjusted EPS (earnings per share) of $0.95 on revenues, net of excise taxes, of $4.67 billion. Compared to 1Q17, the company’s EPS grew 30.1%, while its revenue increased 1.8%.