Philip Morris Intl Raises Preliminary Q3 Adj EPS Guidance from $2.20-$2.25 to $2.29-$2.34 vs $2.43 Est
Philip Morris Intl (NYSE:PM) raises preliminary Q3 Adj EPS guidance from $2.20-$2.25 to $2.29-$2.34 vs $2.43 analyst estimate..
Philip Morris raised its expected earnings for the quarter, which is good news—but it's still below what experts predicted. When a company beats its own forecast but misses what Wall Street expects, it shows mixed signals about how well things are really going.
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