altria group signage is displayed on a monitor on the floor of the new york stock exchange cigarette maker altria group on thursday reported thirdquarter earnings that missed wall street estimates as its revenue fell heres what the company reported compared with what wall street was expecting based on a survey of analysts by refinitiv ahead of its earnings release the marlboro maker announced a strategic partnership with japan tobacco to develop smokefree tobacco products which it said remains largely undeveloped in the us the move comes after altria in july slashed the value of its 13 billion stake in juul to less than 5 of its original value we are excited to begin a new partnership with jt group a leading international tobacco company said billy gifford altrias chief executive officer we believe this relationship can accelerate harm reduction for adult smokers across the globe last week altria also said that philip morris international had agreed to pay 27 billion for the exclusive right to sell iqos smokeless tobacco heating devices in the united states for 2022 the company also narrowed its earnings per share guidance to be in the range of 481 to 489 representing a growth rate of 45 to 6 from 2021 it had previously forecast fullyear adjusted diluted earnings per share in a range of 479 to 493 this is breaking news check back for updates