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Morgan Stanley reiterated an Overweight rating and $123.00 price target on Philip Morris (NYSE: PM) following the company's 1Q earnings report. PMs stock suffered its largest-ever single day decline following the results which meaningfully beat on EPS ($1.00, vs. consensus $0.88) but faced both modest fundamental... More
Philip Morris (NYSE: PM) adds to earlier weakness following results. Shares are now down 16.1%.
... MorePhilip Morris (NYSE: PM) Pressured on Market Open, Down 12%
... MorePhilip Morris (NYSE: PM) reported Q1 EPS of $1.00, $0.10 better than the analyst estimate of $0.90. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $7.04 billion.
GUIDANCE:
Philip Morris sees FY2018 EPS of $5.25-$5.40, versus the consensus of... More

