Shares of Philip Morris Intl PM rose 0.2% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 11.01% year over year to $1.21, which beat the estimate of $1.13.
Revenue of $7,153,000,000 rose by 5.95% from the same period last year, which beat the estimate of $6,820,000,000.
Outlook
Philip Morris said it expects Q2 EPS of $1.00-$1.10.
How To Listen To The Conference Call
Date: Apr 21, 2020
Time: 07:05 AM ET
Webcast URL: https://edge.media-server.com/mmc/p/dg896jx4
Recent Stock Performance
52-week high: $90.17
52-week low: $56.01
Price action over last quarter: down 12.11%
Company Profile
Philip Morris International is a leading international tobacco company engaged in the manufacture and sale of cigarettes and other nicotine-containing products in markets outside the United States. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, the company aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. Management's vision is that these products ultimately replace cigarettes.
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