Extract
Altria Reports 2009 First-Quarter Results.
* Altria's 2009 first-quarter adjusted diluted earnings per share from continuing operations up 5.4% to $0.39 versus $0.37 in the first quarter of 2008
* Altria's 2009 first-quarter reported diluted earnings per share from continuing operations were $0.28 versus $0.29 in the first quarter of 2008 due to one-time charges related to the acquisition of UST Inc. as well as higher interest expense * Altria reaffirms its 2009 guidance for adjusted diluted earnings per share from continuing operations in the range of $1.70 to $1.75, representing a growth rate of 3% to 6% from a base of $1.65 per share in 2008 * Altria forecasts 2009 guidance for reported diluted earnings per share from continuing operations in the range of $1.47 to $1.52 * Cigarettes segment's operating companies income up 10.7% on an adjusted basis and 9.9% on a reported basis versus the first quarter of 2008 * USSTC's premium retail share stabilizes in the southeast region and the integration of UST Inc. is proceeding as planned RICHMOND, Va. -- Altria Group, Inc. (Altria) (NYSE: MO) today announced 2009 first-quarter reported diluted earnings per share (EPS) from continuing operations ...See the full content of this document
