Forecast Of The Day: Altria’s Revenue Per Unit Smokeable Product

by Trefis Team
+19.95%
Upside
44.43
Market
53.30
Trefis
MO
Altria Group, Inc.
Rate   |   votes   |   Share

What? 

Altria’s (NYSE:MO) Revenue per Unit Smokeable Product has risen from around $0.213 in 2019 to about $0.224 in 2020. Trefis estimates that the metric will rise to $0.230 in 2021 and $0.237 in 2022.

Why?

The gains are likely to be driven by steady price increases, which are common in the cigarette business.

So What?

While pricing should rise, the company’s overall smokable products revenues are unlikely to grow, given the steady decline in volumes.

See Our Complete Analysis For Altria

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios

 See all Trefis Price Estimates

Rate   |   votes   |   Share

Comments

Name (Required)
Email (Required, but never displayed)
Be the first to comment!