Altria Group (MO) reported Q3 adjusted earnings Thursday of $1.45 per diluted share, up from $1.40 a year earlier.

Analysts surveyed by FactSet expected $1.44.

Net revenue for the quarter ended Sept. 30 was $6.07 billion, down from $6.26 billion a year earlier.

Analysts' revenue estimate was not readily available for comparison.

The company said it has raised the lower end of its 2025 guidance for adjusted EPS to a range of $5.37 to $5.45. The company previously guided for a range of $5.35 to $5.45. Analysts surveyed by FactSet expect $5.43.

The company said its board has approved the expansion of its existing share buyback program from $1 billion to $2 billion, which will now expire on Dec. 31, 2026.

Shares of Altria Group were down more than 4% in recent Thursday premarket activity.