Philip Morris: Q4 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Philip Morris International Inc. (PM) on Thursday reported fourth-quarter profit of $2.2 billion.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of $1.41. Earnings, adjusted for non-recurring gains, were $1.36 per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

Philip Morris expects full-year earnings in the range of $6.32 to $6.44 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PM at https://www.zacks.com/ap/PM