What strategic moves could boost MO's future EPS?

**Altria Group Inc. (MO) can potentially boost its future EPS through several strategic moves.** Here are some key strategies that could contribute to an increase in MO's Earnings Per Share (EPS): 1. **Portfolio Optimization**: Altria's recent divestiture of its stake in Anheuser-Busch InBev for $2.2 billion is a strategic move that could enhance financial flexibility and focus on core operations. This reallocation of assets could lead to a more streamlined and profitable portfolio, potentially boosting EPS. 2. **Smoke-Free Product Growth**: The company's emphasis on smoke-free products, such as vapor and modern oral nicotine products, indicates a strategic shift to adapt to changing consumer preferences. As these segments grow, they could contribute more significantly to Altria's earnings, leading to higher EPS. 3. **Cost Management and Efficiency Improvements**: Altria has demonstrated a strategic focus on reducing costs and improving operational efficiencies. Enhanced cost management and operational efficiency could lead to higher net profits, thereby increasing EPS. 4. **Potential Pulp Price Increase**: Altria's pulp segment is expected to produce approximately 50,000 tons of dissolving pulp, with potential pulp prices increasing from €1,000 to €1,220 per ton. This price increase could significantly boost revenue and contribute to higher EPS. 5. **Dividend Yield and Shareholder Returns**: Altria has a history of paying dividends, with a recent total payout of $1.7 billion during the first quarter. A strong dividend yield can attract income-focused investors, potentially increasing the stock's value and EPS through dividend growth or reinvestment. 6. **Strategic Investments and Acquisitions**: Altria's past acquisitions, such as Njoy Holdings, have diversified its product offerings. Strategic investments in areas that align with market trends and consumer preferences could enhance revenue and profitability, leading to higher EPS over time. By focusing on these strategic areas, Altria can position itself for future growth and potentially increase its EPS. Investors should monitor these developments closely, as they can have a direct impact on Altria's financial performance and stock valuation.