Philip Morris Intl Q3 Adj. EPS $1.67 Beats $1.61 Estimate, Sales $9.14B Miss $9.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Philip Morris Intl (NYSE:PM) reported Q3 earnings of $1.67 per share, beating the analyst consensus estimate of $1.61 by 3.73%. This is a 9.15% increase from the same period last year. However, the company's quarterly sales of $9.14 billion missed the analyst consensus estimate of $9.17 billion by 0.33%. This is a 13.79% increase from the same period last year.
October 19, 2023 | 11:00 am
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Philip Morris Intl's Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Philip Morris Intl reported better-than-expected Q3 earnings but missed on sales. This mixed performance could lead to varied investor reactions, potentially causing short-term price volatility.
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