Philip Morris International (PM) Misses Q4 EPS by 9c, Offers Guidance

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Go back to Philip Morris International (PM) Misses Q4 EPS by 9c, Offers Guidance

Philip Morris International (PM) revenue boosted by smoke-free products performance

February 8, 2024 7:41 AM EST

Philip Morris International (NYSE: PM) missed the quarterly consensus earnings per share estimate for the fourth quarter, but the company topped revenue estimates. Its shares are down 3.5% premarket.

The tobacco company revealed Q4 earnings of $1.36 per share, $0.09 worse than the analyst estimate of $1.45. However,... More