Plus   Neg

Philip Morris International Q4 adjusted earnings Beat Estimates

Philip Morris International (PM) released earnings for its fourth quarter that advanced from the same period last year.

The company's bottom line came in at $1.91 billion, or $1.23 per share. This compares with $0.69 billion, or $0.44 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.5% to $7.50 billion from $8.29 billion last year.

Philip Morris International earnings at a glance:

-EPS (Q4): $1.25 vs. $1.32 last year.
-Analysts Estimate: $1.17
-Revenue (Q4): $7.50 Bln vs. $8.29 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT