![Philip Morris Earnings Beat, Revenue Misses In Q2](https://dasforex.com/wp-content/uploads/2021/07/LYNXNPEE9M048_L.jpg)
Investing.com – Philip Morris (NYSE:) reported on Tuesday second quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Philip Morris announced earnings per share of $1.57 on revenue of $7.59B. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $7.66B.
Philip Morris shares are up 18% from the beginning of the year, still down 2.98% from its 52 week high of $100.94 set on June 16. They are outperforming the S&P Global 100 which is up 14.21% from the start of the year.
Philip Morris follows other major Consumer/Non-Cyclical sector earnings this month
Philip Morris’s report follows an earnings beat by PepsiCo on July 13, who reported EPS of $1.72 on revenue of $19.22B, compared to forecasts EPS of $1.53 on revenue of $17.96B.
Constellation Brands B had missed expectations on June 30 with first quarter EPS of $2.33 on revenue of $2.03B, compared to forecast for EPS of $2.35 on revenue of $2.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.