异动解读 | 奥驰亚盘前大跌5.07%,全年利润预期不及预期,烟草需求持续低迷

异动解读
Oct 30

烟草巨头奥驰亚(Altria)今日盘前大跌5.07%,投资者对公司最新财报及未来展望反应消极。公司发布的2025年第三季度业绩报告显示,由于烟草需求持续低迷,公司调低了全年盈利预期,这成为股价下跌的主要原因。

奥驰亚预计2025年全年调整后每股收益在5.37美元至5.45美元之间,低于分析师平均预期的5.44美元。公司第三季度净营收为60.7亿美元,同比下降3%,但超过分析师预期的53.1亿美元。可吸烟草产品收入下降2.8%至53.9亿美元,口服烟草产品收入下降4.6%至6.89亿美元,反映出公司核心业务面临的挑战。

除需求下滑外,奥驰亚还面临监管问题、诉讼风险以及来自中国的不受监管电子烟产品的激烈竞争。今年早些时候,公司还因专利纠纷被迫停止销售电子烟品牌NJOY,预计要到明年才能重返市场。尽管公司口服尼古丁袋品牌on!表现亮眼,但仍不足以抵消其他业务的下滑。面对这些挑战,奥驰亚正努力通过多元化产品组合来应对传统烟草销量的持续下降。

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