Philip Morris: mixed Q1 results

(CercleFinance.com) - This Thursday before Wall Street opens, Philip Morris reported Q1 EPS, down 2 cents y-o-y.


Adjusted EPS also came in at one dollar, slightly above the consensus of 98 cents.

However, revenue rose by less than expected to nearly 6.9 billion dollars, against 6.06 billion dollars at the end of Q1 2017 and 7.03 billion dollars expected by the consensus.

Philip Morris expects EPS of between 5.25 dollars and 5.4 dollars at end-2018.


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