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Benzinga
Benzinga
Business
Triveni Kothapalli

Philip Morris Lifts Outlook As CEO Hails Industry-Beating Smoke-Free Growth

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Philip Morris International Inc. (NYSE:PM) on Tuesday reported stronger-than-expected third-quarter results, driven by solid sales and resilient demand for its smoke-free products.

Philip Morris reported quarterly adjusted earnings of $2.24 per share, exceeding analyst expectations of $2.09 and marking a 17.28% increase from $1.91 a year earlier.

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