In the most recent buying and selling session, Philip Morris (PM) closed at $85.99, marking a +0.34
In the most recent buying and selling session, Philip Morris (PM) closed at $85.99, marking a +0.34% transfer from the day prior to this. This variation lagged the S&P 500’s 0.45% achieve on the day. On the similar time, the Dow added 0.49%, and the tech-heavy Nasdaq gained 0.67%.
Heading into right now, shares of the vendor of Marlboro and different cigarette manufacturers had gained 2.66% over the previous month, outpacing the Client Staples sector’s achieve of two.6% and the S&P 500’s achieve of two.44% in that point.
PM will probably be trying to show power because it nears its subsequent earnings launch. On that day, PM is projected to report earnings of $1.24 per share, which might symbolize a year-over-year decline of 0.8%. In the meantime, our newest consensus estimate is looking for income of $7.75 billion, up 3.31% from the prior-year quarter.
PM’s full-year Zacks Consensus Estimates are calling for earnings of $5.19 per share and income of $29.82 billion. These outcomes would symbolize year-over-year adjustments of +1.76% and +0.66%, respectively.
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