Philip Morris (NYSE:PM) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.09 on revenue of $6.75B. Analysts polled by anticipated EPS of $0.99 on revenue of $6.74B. That compared to EPS of $1 on revenue of $6.9B in the same period a year earlier. The company had reported EPS of $1.25 on revenue of $7.5B in the previous quarter.
Philip Morris follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, PepsiCo reported first quarter EPS of $0.97 on revenue of $12.88B, compared to forecasts of EPS of $0.92 on revenue of $12.67B.
Constellation Brands B earnings Beat analysts' expectations on April 4, with fourth quarter EPS of $1.84 on revenue of $1.8B. analysts expected EPS of $1.72 on revenue of $1.73B
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