Philip Morris gains after full-year profit guidance tops expectations (updated)
Philip Morris International (NYSE:PM) tracked higher in premarket trading on Tuesday after setting full-year guidance ahead of expectations. For Q2, one of the biggest pullouts from the earnings report was that the smoke-free business accounted for 38.1% of the company’s total revenue in comparison to 35.4% a year ago. Revenue rose 5.6% year-over-year during the quarter […]
