Philip Morris (PM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended March 2024, Philip Morris (PM) reported revenue of $8.79 billion, up 8.6% over the same period last year. EPS came in at $1.50, compared to $1.38 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $8.44 billion, representing a surprise of +4.14%. The company delivered an EPS surprise of +6.38%, with the consensus EPS estimate being $1.41.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...