Philip Morris Intl Q1 2024 Adj EPS $1.50 Beats $1.41 Estimate, Sales $8.793B Beat $8.468B Estimate
Portfolio Pulse from Benzinga Newsdesk
Philip Morris Intl (PM) reported Q1 2024 adjusted EPS of $1.50, surpassing the $1.41 estimate, and sales of $8.793B, exceeding the $8.468B estimate. This represents an 8.7% increase in earnings and a 9.65% increase in sales from the same period last year.
April 23, 2024 | 11:00 am
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Philip Morris Intl reported a strong Q1 2024 with earnings and sales surpassing estimates, indicating robust financial health and growth.
The positive earnings and sales beat by Philip Morris Intl (PM) for Q1 2024 suggests a strong financial performance and operational efficiency, likely leading to increased investor confidence and potential upward movement in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100