Philip Morris Beats Estimates but Warns Chip Shortage Impacting IQOS Growth

3 years ago 323

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/philip-morris-stock-earnings-iqos-51634645001

  • Feature

Updated Oct. 19, 2021 8:33 americium ET / Original Oct. 19, 2021 8:04 americium ET

  • Order Reprints
  • Print Article

Shares of Philip Morris autumn Tuesday aft the baccy institution reported net that topped analysts’ expectations but said its quality to conscionable demands for its IQOS heated-tobacco devices was being impacted by the planetary spot shortage.

 Philip Morris (ticker: PM) earned an adjusted $1.58 a stock successful the 3rd 4th connected a gross leap of 9.1% to $8.12 billion.

Analysts...


Read Entire Article