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Philip Morris is poised to capture investor attention as it approaches its earnings announcement, with a market cap nearing $250 billion underscoring its significant presence in the tobacco industry. Analysts are eyeing an EPS estimate of $2.09, yet the whisper number suggests a more optimistic outlook at $2.21, indicating that market insiders might expect stronger performance. The revenue estimate stands at $10.64 billion, reflecting steady demand for Philip Morris's innovative smoke-free products, which have been a strategic focus in recent years. As the company continues to navigate regulatory challenges and shifting consumer preferences, its ability to exceed these expectations could further solidify its market position and reassure investors of its growth trajectory.
Philip Morris International Inc. (PMI) is a Swiss-American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro.
Website: https://www.pmi.com
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