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Philip Morris International Q3 adjusted earnings beat estimates

Christian Fernsby ▼ | October 17, 2019
Philip Morris International announced a profit for third quarter that decreased from the same period last year.
Philip Morris International
Philip Morris International   The company's profit came in at $1.89 billion
The company's profit came in at $1.89 billion, or $1.22 per share. This compares with $2.24 billion, or $1.44 per share, in last year's third quarter.

Topics: Philip Morris International

Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.9% to $7.64 billion from $7.50 billion last year.