Top Wall Street Forecasters Revamp Philip Morris Expectations Ahead Of Q2 Earnings

Philip Morris International Inc. (NYSE:PM) will release earnings results for the second quarter before the opening bell on Tuesday, July 22.

Analysts expect the Stamford, Connecticut-based company to report quarterly earnings at $1.86 per share, up from $1.59 per share in the year-ago period. Philip Morris is projected to report quarterly revenue of $10.33 billion, compared to $9.47 billion a year earlier, according to data from Benzinga Pro.

On June 13, Philip Morris International declared a regular quarterly dividend of $1.35 per share.

Philip Morris shares gained 1% to close at $180.48 on Monday.

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