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Altria stock slips after adjusted profit misses expectations, while revenue beat

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Altria stock slips after adjusted profit misses expectations, while revenue beat
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Shaers of Altria Group Inc. slipped 0.2% in premarket trading Thursday, after the cigarette and heated tobacco seller reported third-quarter profit that missed expectations while revenue fell but beat forecasts. Net losses widened to $2.7 billion, or $1.48 a share, from $952 million, or 51 cents a share, in the year-ago period. Excluding nonrecurring items, such as special items related to the ABI investment, adjusted earnings per share rose to $1.22 from $1.19, but missed the FactSet consensus