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Altria Q3 Earnings on the Horizon: Essential Insights for Investors

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Key Takeaways

  • MO is expected to post Q3 revenues of $5.30 billion and earnings of $1.51 per share.
  • Strong pricing, Marlboro's premium position and Basic's discount traction may support smokeable profits.
  • Growth in nicotine pouches and on! PLUS expansion may aid Altria, but competition and promotions pose risks.

Altria Group, Inc. (MO - Free Report) is likely to register growth in both top and bottom lines when it reports third-quarter 2026 earnings on Oct. 29. 

The Zacks Consensus Estimate for third-quarter revenues is pinned at $5.30 billion, indicating around 1% growth from the same period last year. Meanwhile, the consensus mark for earnings has moved up a penny in the past 30 days to $1.51 per share, indicating 4.1% growth from the year-ago quarter’s reported figure. Altria has a trailing four-quarter average earnings surprise of 1.3%.

Altria Group, Inc. Price, Consensus and EPS Surprise

Altria Group, Inc. Price, Consensus and EPS Surprise

Altria Group, Inc. price-consensus-eps-surprise-chart | Altria Group, Inc. Quote

Things to Consider About Altria’s Upcoming Results

Altria’s third-quarter performance is likely to have been supported by continued pricing strength across its smokeable products business, despite persistent pressure on cigarette consumption. Strong net price realization, disciplined revenue management and resilient demand for premium brands are likely to have supported revenues and profitability. Meanwhile, the company's data-driven portfolio strategy, including targeted promotional investments, might have helped strengthen its competitive position amid ongoing consumer downtrading.

Altria's Oral Tobacco Products segment is likely to have benefited from continued growth in the nicotine pouch category and wider retail availability of on! PLUS. The planned nationwide expansion of its 12-milligram variants, improved retail visibility and consumer trial initiatives might have supported brand engagement. However, intense competition, higher promotional investments and continued declines in moist smokeless tobacco volumes are likely to have weighed on segment revenues and margins. The Zacks Consensus Estimate indicates an increase of 4.5% in the Oral Tobacco Products revenues.

The Smokeable Products segment is likely to have remained the primary earnings contributor, supported by Marlboro's premium positioning and growing traction for Basic in the discount category. Marlboro Cowboy Cut, aimed at value-conscious premium smokers, might have aided brand retention. Meanwhile, a continued moderation in cigarette industry volume declines, increased export activity and related tax and duty refunds are likely to have supported profitability. However, persistent inflation, consumer downtrading, unfavorable product mix and higher promotional spending might have partly offset these gains. The Zacks Consensus Estimate implies a decrease of 0.1% in the Smokeable Products revenues.

Earnings Whispers for MO Stock

Our proven model conclusively predicts an earnings beat for Altria this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.

Altria currently carries a Zacks Rank #2 and has an Earnings ESP of +0.26%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

More Stocks With the Favorable Combination

Here are a few other companies worth considering, as our model shows that these, too, have the right combination of elements to beat on earnings this reporting cycle.

Sysco Corporation (SYY - Free Report) currently has an Earnings ESP of +2.46% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Sysco’s upcoming quarter’s earnings per share is pegged at $1.17, which implies a 1.7% increase year over year. The consensus estimate for Sysco’s quarterly revenues is pegged at $22.19 billion, which indicates a surge of 4.9% from the figure reported in the prior-year quarter. SYY delivered a trailing four-quarter earnings surprise of around 1%, on average.

Freshpet, Inc. (FRPT - Free Report) currently has an Earnings ESP of +1.41% and a Zacks Rank of 3. The Zacks Consensus Estimate for Freshpet’s upcoming quarter’s EPS is pegged at 35 cents, implying a 23.9% decrease from the year-ago period.

The consensus mark for Freshpet’s quarterly revenues is pegged at $309.8 million, which indicates an increase of 7.2% from the prior-year quarter. FRPT delivered a trailing four-quarter earnings surprise of 21.9%, on average.

The Hershey Company (HSY - Free Report) currently has an Earnings ESP of +0.30% and a Zacks Rank of 3. The Zacks Consensus Estimate for Hershey’s upcoming quarter’s EPS is pegged at $2.12 per share, which implies a 63.1% increase year over year. 

The consensus estimate for Hershey’s quarterly revenues is pegged at $3.25 billion, which calls for 2.3% growth from the figure reported in the prior-year quarter. HSY delivered a trailing four-quarter earnings surprise of 21.8%, on average.

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