Philip Morris International shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 adjusted EPS guidance. Also, the company issued Q3 adjusted EPS guidance with its midpoint above estimates.
Portfolio Pulse from Benzinga Newsdesk
Philip Morris International shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 adjusted EPS guidance. Additionally, the company issued Q3 adjusted EPS guidance with its midpoint above estimates.
July 23, 2024 | 11:43 am
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Philip Morris International shares are trading higher following the release of better-than-expected Q2 financial results and an increase in FY24 adjusted EPS guidance. The company also provided Q3 adjusted EPS guidance with a midpoint above estimates.
The better-than-expected Q2 financial results and the raised FY24 adjusted EPS guidance are positive indicators for the company's future performance. Additionally, the Q3 adjusted EPS guidance with a midpoint above estimates further boosts investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100