Philip Morris: mixed quarterly accounts.
(CercleFinance.com) - Before Wall Street opened on Thursday, Philip Morris announced Q4 EPS of 1.
1 dollar, which means a significant 30 cent rise relative to the previous year.
However, EPS also came in at 1.1 dollar on an adjusted basis, while analysts were expecting 1.12 dollar.
However, tobacco sales rose 9.1% to about 7 billion dollars, significantly above the consensus of 6.7 billion dollars.
Philip Morris is aiming for EPS of between 4.7 dollars and 4.85 dollars in FY 2017.
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