Philip Morris International Earnings Climb In Q2

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(RTTNews.com) - Philip Morris International ( PM ) announced a profit for its second quarter that advanced from last year.

The company's bottom line came in at $2.20 billion, or $1.41 per share. This compares with $1.78 billion, or $1.14 per share, in last year's second quarter.

Analysts had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.7% to $7.73 billion from $6.92 billion last year.

Philip Morris International earnings at a glance:

-Earnings (Q2): $2.20 Bln. vs. $1.78 Bln. last year.
-EPS (Q2): $1.41 vs. $1.14 last year.
-Analysts Estimate: $1.23
-Revenue (Q2): $7.73 Bln vs. $6.92 Bln last year.


Full year EPS guidance: $5.02 to $5.12

For comments and feedback: contact editorial@rttnews.com


This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: PM ,

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