Shares of Philip Morris International (NYSE: PM) rose 4% on Oct. 18 after the tobacco giant posted third quarter numbers that topped analysts' expectations. Its revenue rose 0.4% year over year to $7.5 billion, beating estimates by $330 million. And taking out an unfavorable currency impact of $213 million, its revenue actually rose 3.3%.On the bottom line, PMI's adjusted earnings grew 13.4% to $1.44 per share, beating estimates by $0.16.
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Sun, 10/21/2018 - 7:32am
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04/27/2024 - 9:00 am | View Link - Philip Morris continues gains for seven straight sessions, stock nears 52-week high
Philip Morris International (NYSE:PM) shares continued gains for seven straight sessions, as the stock closed 1.4% up at $99.02 on Wednesday. The Stamford, Connecticut-based company nears 52-week high ...
04/24/2024 - 9:09 am | View Link - Philip Morris International Surpasses Market Projections in Q1
Philip Morris International is a leader in the tobacco industry, pivoting significantly in recent years toward smoke-free products. This strategic transition aims to reshape the company's future, ...
04/24/2024 - 6:24 am | View Link - Philip Morris Scores an Earnings Beat. Its Smoke-free Strategy Is Working.
The cigarette maker posted first quarter adjusted earnings of $1.50 a share, beating Wall Street’s call for $1.41.
04/23/2024 - 10:23 am | View Link - More
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