(C) Reuters. Philip Morris Earnings, Revenue Beat in Q1
Philip Morris announced earnings per share of $1.57 on revenue of $7.59B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $7.27B.
Philip Morris shares are up 10% from the beginning of the year, still down 1.87% from its 52 week high of $93.42 set on April 19. They are under-performing the S&P 500 which is up 10.84% from the start of the year.
Philip Morris’s report follows an earnings beat by Procter&Gamble on Tuesday, who reported EPS of $1.26 on revenue of $18.11B, compared to forecasts EPS of $1.19 on revenue of $17.96B.
Coca-Cola had beat expectations on Monday with first quarter EPS of $0.55 on revenue of $9B, compared to forecast for EPS of $0.5034 on revenue of $8.63B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Philip Morris Earnings, Revenue Beat in Q1
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