Reports Q3 revenue $9.91B, consensus $9.69B. “In the third quarter, we delivered exceptionally strong performance, with record quarterly net revenues and earnings per share,” said Jacek Olczak, Chief Executive Officer. “This reflects excellent momentum across all regions and categories, with a reacceleration in IQOS adjusted in-market sales growth, strong ZYN volumes, and resilient combustible performance. As a result of our strong year-to-date delivery, we are raising our full-year growth outlook for adjusted diluted EPS to a range of 14% to 15%, excluding currency.”
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PM:
- Notable companies reporting before tomorrow’s open
- Options Volatility and Implied Earnings Moves This Week, October 21 – October 25, 2024
- PM Earnings this Week: How Will it Perform?
- Philip Morris affiliate announces $23.5B CCAA plan to resolve Canada litigation
- 3 Best Stocks to Buy Now, 10/8/2024, According to Top Analysts