Philip Morris: Q3 Earnings Insights

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Philip Morris Intl PM reported its Q3 earnings results on Thursday, October 20, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Philip Morris Intl beat estimated earnings by 11.68%, reporting an EPS of $1.53 versus an estimate of $1.37.

Revenue was down $90.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 2.5% increase in the share price the next day.

Here's a look at Philip Morris Intl's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.25 1.49 1.33 1.55
EPS Actual 1.48 1.56 1.35 1.58
Revenue Estimate 6.67B 7.43B 7.76B 7.90B
Revenue Actual 7.83B 7.75B 8.10B 8.12B

To track all earnings releases for Philip Morris Intl visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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