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Marlboro maker Altria reaffirms earnings outlook

Published on NewsOK Modified: May 14, 2014 at 1:32 pm •  Published: May 14, 2014

RICHMOND, Va. (AP) — Altria Group Inc., the maker of Marlboro cigarettes, reaffirmed its full-year earnings guidance Wednesday.

The Richmond, Virginia, company said it expects adjusted earnings of between $2.52 per share and $2.59 per share for the year. Analysts expect earnings of $2.57 per share, according to a poll by FactSet.

Shares of Altria slipped 29 cents to $40.32 in afternoon trading. Its shares are up almost 9 percent in the last year.