Philip Morris Intl Q2 Adj. EPS $1.60 Beats $1.47 Estimate, Sales $8.97B Beat $8.65B Estimate
Portfolio Pulse from Benzinga Newsdesk
Philip Morris Intl (NYSE:PM) reported Q2 earnings of $1.60 per share, beating the analyst consensus estimate of $1.47 by 8.84%. This is an 8.11% increase from the same period last year. The company also reported quarterly sales of $8.97 billion, beating the analyst consensus estimate of $8.65 billion by 3.66%. This is a 14.49% increase from the same period last year.
July 20, 2023 | 11:00 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Philip Morris Intl reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Philip Morris Intl reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100