Philip Morris shares are trading higher after the company reported better-than-expected Q3 adjusted EPS and sales.
Portfolio Pulse from Benzinga Newsdesk
Philip Morris shares rose as the company reported Q3 adjusted EPS and sales that exceeded expectations.
October 22, 2024 | 11:21 am
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POSITIVE IMPACT
Philip Morris shares increased due to the company reporting Q3 adjusted EPS and sales that were better than expected.
The better-than-expected Q3 earnings and sales figures are likely to boost investor confidence, leading to a positive short-term impact on Philip Morris's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100