Altria Group shares surged up to 8.3% to $73.85, reaching the highest level since December 2017.
Q1 revenue hit $5.43 billion, beating analysts’ average estimate of $4.58 billion.
Adjusted earnings per share were $1.32, surpassing the consensus forecast of $1.25.
Prior to the earnings release, Altria stock was up 16.3% year‑to‑date.