Investing.com – Philip Morris (NYSE:) reported on Tuesday next quarter that conquer analysts’ forecasts and revenue that topped expectations.
Philip Morris announced earnings for every share of $1.29 on revenue of $6.65B. Analysts polled by Investing.com predicted EPS of $1.1 on revenue of $6.5B.
Philip Morris shares are down 14% from the starting of the calendar year and are buying and selling at $72.89 , down-from-52-week-high.They are less than-performing the which is up .65% year to day.
Philip Morris follows other main Client/Non-Cyclical sector earnings this thirty day period
Philip Morris’s report follows an earnings beat by Coca-Cola on Tuesday, who documented EPS of $.42 on revenue of $7.15B, in contrast to forecasts EPS of $.4 on revenue of $7.21B.
PepsiCo experienced defeat expectations on Monday, July 13, 2020 with 2nd quarter EPS of $1.32 on revenue of $15.95B, in contrast to forecast for EPS of $1.25 on revenue of $15.37B.
Stay up-to-date on all of the future earnings stories by checking out Investing.com’s earnings calendar