Philip Morris International Inc. Beats Top And Bottom Estimates

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Philip Morris International Inc. Beats Top And Bottom Estimates

Philip Morris International Inc. (NYSE:PM) released the results from its most recently completed quarter, posting adjusted earnings of $1.41 per share on net revenue of $7.8 billion. Analysts had been expecting earnings of $1.24 per share on $7.52 billion in revenue.

Reported earnings were $1.17 per share, compared to $1.30 in the same quarter a year ago. That includes a negative impact of 15 cents per share due to currency exchange.

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