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


RTTNews | Apr 20, 2021 07:21AM EDT

07:21 Tuesday, April 20, 2021 (RTTNews.com) - Philip Morris International (PM) released earnings for its first quarter that increased from the same period last year.

The company's bottom line totaled $2.42 billion, or $1.55 per share. This compares with $1.83 billion, or $1.17 per share, in last year's first quarter.

Analysts had expected the company to earn $1.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.2% to $7.59 billion from $7.15 billion last year.

Philip Morris International earnings at a glance:

-EPS (Q1): $1.47 vs. $1.21 last year.-Analysts Estimate: $1.40-Revenue (Q1): $7.59 Bln vs. $7.15 Bln last year.

-Guidance:Full year EPS guidance: $5.75 - $5.85

Read the original article on RTTNews ( https://www.rttnews.com/3186346/philip-morris-international-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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