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Philip Morris International Reports Gain In Q3 Earnings

Philip Morris International (PM) reported earnings for its third quarter that increased from last year.

The company's earnings came in at $2.25 billion, or $1.44 per share. This compares with $1.97 billion, or $1.27 per share, in last year's third quarter.

Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.4% to $7.50 billion from $7.47 billion last year.

Philip Morris International earnings at a glance:

-Earnings (Q3): $2.25 Bln. vs. $1.97 Bln. last year.
-EPS (Q3): $1.44 vs. $1.27 last year.
-Analysts Estimate: $1.27
-Revenue (Q3): $7.50 Bln vs. $7.47 Bln last year.

Full year EPS guidance: $4.97 to $5.02

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