Philip Morris International (PM) just reported fourth quarter adjusted EPS of $1.10, compared to $0.97 in the prior year. The consensus estimate was for EPS of $1.09.
Philip Morris International has since broken out of Thursday's narrow range and is now up 1.78 at $79.66. The stock is now challenging resistance at the highs of the year, trading at over a 1-month high.
For comments and feedback: editorial@rttnews.com