On Thursday, Altria posted fourth-quarter earnings that exceeded analysts' projections and revenue that exceeded expectations.

Altria reported $1.09 earnings per share on $5.09 billion in revenue. Investing.com polled analysts, who predicted EPS of $1.08 on revenue of $5.01 billion.

Altria shares are down 3% since the start of the year and are still down 5.93% from their 52-week high of $52.59 set on March 26, 2021. They have outperformed the Nasdaq 100, which has dropped 13.16% since the beginning of the year.

Following the news, Altria's stock rose 0.40% in pre-market trading.How Tobacco Giant Altria Is Becoming A Cannabis Company

This month, Altria follows the earnings of other large Consumer Staples companies.
Procter&Gamble posted earnings of $1.66 per share on revenue of $20.95 billion on January 19, beating expectations of $1.65 per share on revenue of $20.33 billion.

On November 2, 2021, Estee Lauder surpassed expectations with a first-quarter EPS of $1.89 on revenue of $4.39 billion, compared to a prediction of $1.7 on revenue of $4.25 billion.