Investing.com - Philip Morris (NYSE:PM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.46 on revenue of $7.7B. Analysts polled by Investing.com expected EPS of $1.32 on revenue of $7.38B. That compared to EPS of $1.41 on revenue of $7.73B in the same period a year earlier. The company had reported EPS of $1.09 on revenue of $6.75B in the previous quarter.
Philip Morris follows other major Consumer/Non-Cyclical sector earnings this month
On July 9, PepsiCo reported second quarter EPS of $1.54 on revenue of $16.45B, compared to forecasts of EPS of $1.5 on revenue of $16.43B.
Constellation Brands B earnings beat analysts' expectations on June 28, with first quarter EPS of $2.21 on revenue of $2.1B. Investing.com analysts expected EPS of $2.05 on revenue of $2.07B
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