Philip Morris International Inc

PM: XNYS (USA)
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Philip Morris Earnings: Shares Fall Due to Lofty Market Expectations Rather Than Weakness in Results

Philip Morris reported 6.8% organic revenue growth and 18.9% adjusted EPS growth excluding currency impacts in the second quarter. Smoke-free grew 14.5% organically, while combustibles grew 2% as price increases exceeded 1.5% volume decline.

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