Philip Morris Jumps Following Earnings Beat, Upside Guidance
The company's EPS jumped by 31% in 2018.
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The cigarette maker reported fourth-quarter earnings of $1.25 per share on revenue of $7.5 billion, a 9.6% decline from the previous year. Analysts were expecting the company to report earnings of $1.17 per share on revenue of $7.4 billion.
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For 2019, the company expects earnings to increase at least 5.7% to $5.37 a share. Analysts are expecting the company to report earnings of $5.29 a share.
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https://www.thestreet.com/investing/earn...yptr=yahoo
The company's EPS jumped by 31% in 2018.
...
The cigarette maker reported fourth-quarter earnings of $1.25 per share on revenue of $7.5 billion, a 9.6% decline from the previous year. Analysts were expecting the company to report earnings of $1.17 per share on revenue of $7.4 billion.
...
For 2019, the company expects earnings to increase at least 5.7% to $5.37 a share. Analysts are expecting the company to report earnings of $5.29 a share.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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