Philip Morris (PM) Q3 Earnings Report Preview: What To Look For

Philip Morris (PM) Q3 Earnings Report Preview: What To Look For Tobacco company Philip Morris International (NYSE:PM) will be announcing earnings results this Wednesday before market open. Here's what to look for. Philip Morris beat analysts' revenue expectations last quarter, reporting revenues of $11.19 billion, up 10.4% year on year. It was a very strong quarter for the company, with a beat of analysts' EPS estimates and gross margin in line with analysts' estimates. Is Philip Morris a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members. This quarter, the market is expecting Philip Morris's revenue to grow 4.4% year on year, slowing from the 9.4% increase it recorded in the same quarter last year.