Philip Morris (PM) Reports Q1: Everything You Need To Know Ahead Of Earnings

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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.

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