Published • loading... • Updated
Philip Morris Tops Quarterly Estimates on Nicotine Pouch and Tobacco Prices
Zyn shipments rose 4.2% to 3.2 billion pouches as higher cigarette prices lifted revenue and profit, while Philip Morris kept its full-year outlook.
Summary by WTVB
6 Articles
6 Articles
Philip Morris tops quarterly estimates on nicotine pouch and tobacco prices
Oct 21 (Reuters) - Philip Morris International beat Wall Street estimates for third-quarter sales and profit on Wednesday, helped by strong demand for its Zyn nicotine pouches and by higher cigarette prices, and kept its full-year profit forecast...
philip morris recorded a significant increase in profits in the third quarter, marking record results thanks to growth in the smoke-free and fuel segments.The multinational also increased the quarterly dividend, reflecting its solid financial performance.
Coverage Details
Total News Sources6
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
