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Altria Group Stock Dips on Decline in Cigarette Volumes - Barron's

1. Altria's Q4 earnings matched expectations at $1.29 per share. 2. Cigarette shipment volume decreased 8.8% in Q4 and 10.2% in 2024. 3. CEO expects 2025 earnings growth of 2% to 5% from 2024. 4. Altria initiated a $1 billion share repurchase program. 5. Illicit e-vapor products hinder domestic cigarette sales growth.

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FAQ

Why Neutral?

Earnings meet estimates, but declining shipment volumes are concerning.

How important is it?

Earnings stability with share buybacks may support price, but shipment declines are a red flag.

Why Short Term?

Immediate effects observed due to earnings reports; longer-term impacts depend on market conditions.

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