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 ...
3don MSN
Philip Morris International Inc. is a global tobacco company that manufactures and sells cigarettes, other tobacco products, ...
The automotive sector may continue to gain momentum after General Motors (GM) shares gained 9.81% on Tuesday. GM earned $2.96 ...
Philip Morris International's Q3 revenue beat expectations, with EPS guidance raised for 2024. Goldman Sachs sees strong ...
Philip Morris, British American Tobacco, and Japan Tobacco reach a proposed C$32.5 billion settlement in Canada, resolving a ...
Tobacco company Philip Morris International Inc. is launching a new product pilot in Austin, which it says is designed to ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback