Philip Morris International (PM) Tops Q3 EPS by 6c, Revenues Slightly Miss

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Philip Morris International (PM) slides as revenue and earnings guidance miss expectations

October 19, 2023 9:31 AM EDT

Philip Morris International (NYSE: PM) shares dipped Thursday after the company reported earnings for its latest quarter, with revenues slightly missing expectations.

The tobacco company reported earnings of $1.67 per share, $0.06 better than the analyst estimate of $1.61. However, revenue for the quarter came in at $9.14... More