Philip Morris Intl Q4 2023 Adj EPS $1.36 Misses $1.45 Estimate
Portfolio Pulse from Benzinga Newsdesk
Philip Morris Intl (PM) reported Q4 2023 adjusted earnings per share (EPS) of $1.36, missing the consensus estimate of $1.45 by 6.21%.
February 08, 2024 | 12:00 pm
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Philip Morris Intl reported a Q4 2023 adjusted EPS of $1.36, missing the consensus estimate of $1.45 by 6.21%.
Missing earnings estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The 6.21% miss is significant enough to impact investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100