Summary
This 10-Q filing from Altria Group, Inc. (MO), filed on August 25, 2010, covers the period ending June 29, 2010. As this is an amendment, it primarily focuses on updating exhibits rather than presenting new financial performance data. Investors should note that significant financial results and operational details for the quarter would likely have been presented in the initial 10-Q filing for this period. Of particular note is the incorporation by reference of the 2010 Performance Incentive Plan, effective May 20, 2010. This plan's details, as outlined in the company's definitive proxy statement, could have implications for executive compensation and shareholder value. Investors are encouraged to review the referenced proxy statement for a comprehensive understanding of the incentive structure. Other listed exhibits, such as the statement regarding computation of ratios of earnings to fixed charges, provide supporting financial information and compliance data.
Financial Highlights
49 data points| Revenue | $6.27B |
| Cost of Revenue | $1.97B |
| Gross Profit | $2.37B |
| Operating Income | $1.53B |
| Net Income | $1.04B |
| EPS (Basic) | $0.50 |
| EPS (Diluted) | $0.50 |
| Shares Outstanding (Basic) | 2.08B |
| Shares Outstanding (Diluted) | 2.08B |
Key Highlights
- 1The filing is an amendment to the 10-Q for the period ending June 29, 2010.
- 2The primary purpose of this amendment appears to be the updating and incorporation of exhibits.
- 3Exhibit 10.1 details the 2010 Performance Incentive Plan, effective May 20, 2010, referenced from the company's proxy statement.
- 4Investors should consult the referenced proxy statement for details on the 2010 Performance Incentive Plan.
- 5Exhibit 12 provides the statement regarding the computation of ratios of earnings to fixed charges.
- 6The filing does not appear to introduce new material financial performance figures for the quarter.