Investing.com - Philip Morris reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.43 on revenue of $7.64B. Analysts polled by Investing.com forecast EPS of $1.36 on revenue of $7.65B. That compared to EPS of $1.44 on revenue of $7.5B in the same period a year earlier. The company had reported EPS of $1.46 on revenue of $7.7B in the previous quarter.
Philip Morris follows other major Consumer/Non-Cyclical sector earnings this month
On October 3, PepsiCo reported third quarter EPS of $1.56 on revenue of $17.19B, compared to forecasts of EPS of $1.5 on revenue of $16.93B.
Constellation Brands B earnings beat analysts' expectations on October 3, with second quarter EPS of $2.72 on revenue of $2.34B. Investing.com analysts expected EPS of $2.62 on revenue of $2.34B
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