PMI-Philip Morris (PM) Surpasses Q3 Earnings and Revenue Estimates

Philip Morris (PM) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of$ 2.1 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.67%. A quarter ago, it was expected that this seller of Marlboro and other cigarette brands would post earnings of$ 1.85 per share when it actually produced earnings of $1.91, delivering a surprise of +3.24%.Over the ...