
Philip Morris International Inc. (NYSE:PM) is likely to register a top and bottom-line decline when it reports second-quarter 2022 earnings on Jul 21. The Zacks Consensus Estimate for quarterly revenues is pegged at $6,532 million, suggesting a drop of around 14% from the prior-year quarter's reported figure.
The Zacks Consensus Estimate for quarterly earnings has risen by a penny to $1.23 in the past 30 days, suggesting a decrease of 21.7% from the figure reported in the prior-year quarter. This tobacco giant has a trailing four-quarter earnings surprise of 3.5%, on average. PM delivered an earnings surprise of 5.4% in the last reported quarter.
