Altria Stock Slips Despite Broader Market Gains; Tobacco Giant Faces Earnings Headwinds
• Altria (MO) stock closed lower while broader markets were up on the day • MO shares have underperformed the market over the past month • Analysts expect MO's upcoming earnings to show a slight decrease in EPS and a small increase in revenue • MO currently has a Zacks Rank of #3 (Hold) and trades at a valuation discount compared to its industry • The Tobacco industry ranks in the top 26% of Zacks industries, suggesting potential for further outperformance