Will Philip Morris (PM) Top Estimates in Q2 Earnings Release?

Philip Morris International Inc. (PM) is likely to register a top-line increase when it reports second-quarter 2024 earnings on Jul 23. The Zacks Consensus Estimate for revenues is pegged at $9.13 billion, which indicates a 1.8% increase from the year-ago period.However, the bottom line is likely to have declined year over year. The consensus mark for quarterly earnings has decreased by 1.3% in the past 30 days to $1.55 per share. This indicates a drop of 3.1% from the year-ago quarter’s reported figure. Th ...