This morning, the Altria Group (NYSE:MO) reported second quarter earnings climbed to $1.27 billion, or 63 cents per share, despite revenue falling to $4.5 billion. Excluding one-time items, the company would have earned 62 cents per share, missing Wall Street estimates by a penny. In the quarter, the company saw volumes decline by 7% year-over-year with the sharpest decline being felt in the premium brands. In early trading, shares of the Altria Group were looking to open flat on Tuesday.
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