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Actionable news in MO: ALTRIA GROUP Inc,

Altria Shares Drop After Earnings Report: Is It Time To Buy More?

Cigarette maker Altria (MO) reported mixed second-quarter earnings early Wednesday, and the stock has come under pressure since then, but it is a smart defensive growth investment.

Altria reported earnings of 81 cents a share on revenue of $4.88 billion, compared with analyst estimates of earnings of 80 cents a share on revenue of $5.01 billion. The company reported earnings of 74 cents a share on revenue of $4.88...


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