Investing.com -- Altria Group (NYSE:MO) reported fourth-quarter earnings that met analyst expectations, while revenue came in slightly above estimates. The tobacco giant also provided full-year 2025 earnings guidance that was largely in line with Wall Street forecasts.
Altria posted adjusted earnings per share of $1.29 for Q4, matching the analyst consensus estimate. Revenue for the quarter was $5.11 billion, surpassing the $5.04 billion analysts were expecting.
For the full year 2024, Altria reported adjusted EPS of $5.12, up 3.4% from $4.95 in 2023. Full-year revenue decreased 1.9% to $24.0 billion.
Looking ahead, the company forecast 2025 adjusted EPS in the range of $5.22 to $5.37, representing growth of 2% to 5% from the 2024 base. The midpoint of the guidance range is slightly below the current analyst consensus of $5.35.
"2024 was another pivotal year for Altria, headlined by meaningful progress toward our Vision, strong financial results and significant cash returns to shareholders," said CEO Billy Gifford.
In the smokeable products segment, cigarette shipment volume fell 8.8% in Q4 and 10.2% for the full year, reflecting ongoing industry declines. Marlboro's retail share dipped to 41.3% in Q4 from 42.3% a year earlier.
The oral tobacco products segment saw shipment volume decrease 0.4% in Q4 and 1.0% for the full year. However, the on! nicotine pouch brand continued to gain market share.
Altria's stock was little changed following the earnings release, dipping 0.1%.