Philip Morris (PM) closed the newest buying and selling day at $84.67, transferring +0.74% from the
Philip Morris (PM) closed the newest buying and selling day at $84.67, transferring +0.74% from the earlier buying and selling session. This transfer outpaced the S&P 500’s day by day acquire of 0.01%. In the meantime, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, added 0.2%.
Coming into at this time, shares of the vendor of Marlboro and different cigarette manufacturers had gained 0.49% up to now month. In that very same time, the Client Staples sector gained 2.94%, whereas the S&P 500 gained 2.67%.
Wall Road might be on the lookout for positivity from PM because it approaches its subsequent earnings report date. On that day, PM is projected to report earnings of $1.25 per share, which might symbolize no progress from the year-ago interval. Our most up-to-date consensus estimate is looking for quarterly income of $7.75 billion, up 3.31% from the year-ago interval.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $5.21 per share and income of $29.88 billion, which might symbolize modifications of +2.16% and +0.87%, respectively, from the prior yr.
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