Investing.com - Philip Morris (NYSE:PM) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.44 on revenue of $7.5B. Analysts polled by Investing.com forecast EPS of $1.29 on revenue of $7.17B. That compared to EPS of $1.27 on revenue of $7.47B in the same period a year earlier The company had reported EPS of $1.41 on revenue of $7.73B in the previous quarter.
For the year, Philip Morris shares are down 20.09%, under-performing the S&P 500 which is up 4.68% year to date.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar