UPDATE: Philip Morris International (PM) Tops Q1 EPS by 12c, Revenues Beat; Lowers FY19 EPS Guidance Below Consensus

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Go back to UPDATE: Philip Morris International (PM) Tops Q1 EPS by 12c, Revenues Beat; Lowers FY19 EPS Guidance Below Consensus

Philip Morris (PM) Should Report Upside - Wells Fargo

April 16, 2019 7:35 AM EDT

Wells Fargo analyst Bonnie Herzog reiterated an Outperform rating on Philip Morris (NYSE: PM) ahead of Q1 results and believes the risk/reward of owning shares is neutral-to-favorable.

The analyst stated "Our unchanged Q1 EPS est. of $1.00 assumes +4.3% net rev & adj OI... More