Philip Morris (PM) Reports Q4 Net Income of $2.14B, EPS $1.70 vs $1.67 Estimate

Philip Morris International Inc. (PM) reported fourth-quarter net profit of $2.14 billion, or $1.70 per share on an adjusted basis, beating the average Zacks estimate of $1.67 per share. The Stamford, Connecticut-based company projects full-year earnings per share in the range of $8.38 to $8.53.