Jefferies Trims Estimates on Philip Morris (PM) Post Q1

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Go back to Jefferies Trims Estimates on Philip Morris (PM) Post Q1

Philip Morris Int'l (PM) Misses Q1 EPS by 5c; Trims FY13 Outlook

April 18, 2013 7:02 AM EDT

Philip Morris International, Inc. (NYSE: PM) reported Q1 EPS of $1.29, $0.05 worse than the analyst estimate of $1.34. Revenue for the quarter came in at $7.58 billion versus the consensus estimate of $7.52 billion.

Cigarette shipment volume decline of 6.5 percent.

Philip Morris International, Inc. sees FY2013... More