Altria Shares Fall as Investors Look Toward October Earnings

Altria shares fell 1.76% to $67.51 in the latest session, a steeper decline than the S&P 500’s 0.25% drop. The Dow fell 0.86%, while the Nasdaq rose 0.24%.

At 20:03 UTC Wednesday, shares traded at $67.34, down 2.01% since the previous close. In the month leading into the latest session, Altria had lost 1.22%, compared with a 4.32% decline in Consumer Staples and a 0.42% fall in the S&P 500.

The company is scheduled to report earnings on October 29, 2026. Zacks consensus estimates call for quarterly earnings of $1.50 per share and revenue of $5.33 billion, increases of 3.45% and 1.49% from a year earlier, respectively.

For the full fiscal year, consensus forecasts earnings of $5.67 per share and revenue of $20.63 billion. Those figures represent projected year-over-year increases of 4.61% and 2.46%, respectively. The consensus earnings estimate has not changed over the past month.

Altria’s forward price-to-earnings ratio is 12.11, below the tobacco industry average of 13.1, according to the article. Its PEG ratio, which includes expected earnings growth, is 2.44, compared with an industry average of 2.05.