Philip Morris International (PM) Tops Q1 EPS by 9c; raises guidance

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Go back to Philip Morris International (PM) Tops Q1 EPS by 9c; raises guidance

Goldman Sachs on Philip Morris (PM): 'we don't see a reason why the stock shouldn't outperform today'

April 23, 2024 8:33 AM EDT

Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $118.00 price target on Philip Morris (NYSE: PM).

The analyst comments "PM reported better than expected Q1 results including adj EPS of $1.50 (+8.7% y/y) that was well ahead of our/consensus estimates and well above the high-end of mgmt's guidance range of... More

Philip Morris (PM) beats Q1 earnings, revenue estimates; issues upbeat guidance

April 23, 2024 7:31 AM EDT

(Updated - April 23, 2024 7:32 AM EDT)

Philip Morris International (NYSE: PM) reported earnings and revenue for the fiscal Q1 2024 that topped analysts' estimates and issued an upbeat guidance for the full year.

The companys shares fell 0.8% in premarket trading Tuesday.

The... More