October 18, 2012 at 13:13 PM EDT
Philip Morris Q3 Earnings Miss On Weak EU, Stock Down
Philip Morris International (PM) reported earnings below Wall Street estimates early Thursday as sales in the EU fell. The maker of Marlboro brand cigarettes for sale outside the U.S. said Q3 earnings rose nearly 1% to $1.38 per share, missing views by a penny. Revenue excluding excise taxes dropped 5% to $7.9 billion, under expectations of $8.2 billion. Shares fell 3% intraday Thursday to 89.12. Shipments to the EU fell 8% as demand declined in
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here