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Philip Morris (PM) Reports Q1: Everything You Need To Know Ahead Of Earnings
Philip Morris International (PM) is set to report its Q1 earnings this Wednesday. The company met revenue expectations last quarter and analysts anticipate a 7.3% year-on-year revenue growth for the upcoming report. Despite positive sentiment in the consumer staples segment, Philip Morris’s stock is down 2.9% over the last month, heading into earnings with an average analyst price target of $192.60 compared to its current share price of $158.50.