Philip Morris Shares Soar on Strong Third Quarter
Its quarterly adjusted profit of $1.91 per share also beat estimates of $1.82 per share. Last week, Philip Morris said it, along with peers British American Tobacco and Japan Tobacco, would pay C$32.5 billion ($23.6 billion) to settle long-running health-related lawsuits in Canada.
Record Earnings: Should Investors Buy Philip Morris Stock Now?
Following the strong results PM stock is up 8% as of midday trading and making new all-time highs. But this is not yet a stock that is running away and is still attractive at current levels. Philip Morris International still enjoys a reasonable valuation, strong growth catalysts, a hefty dividend yield and a Zacks Rank #2 (Buy) rating.
Philip Morris reports strong Q3 2024 earnings with revenue up 8.4% YoY and adjusted EPS of $1.91. Smoke-free products drive ...
Philip Morris, British American Tobacco, and Japan Tobacco have agreed to pay C$32.5 billion ($23.6 billion) to settle a ...
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Philip Morris International Inc. is a global tobacco company that manufactures and sells cigarettes, other tobacco products, ...
Philip Morris is expected to see healthy EPS growth in the upcoming results, even as revenue growth can soften. Read why I'm ...
Philip Morris, British American Tobacco, and Japan Tobacco reach a proposed C$32.5 billion settlement in Canada, resolving a ...
TORONTO -- Three large tobacco companies would pay nearly $24 billion to settle a long-running legal battle in Canada, ...
Tobacco company Philip Morris International Inc. is launching a new product pilot in Austin, which it says is designed to ...
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